Nasdaq soars 6% for the week as Bitcoin eyes $100k retest

The actions ended the week on a solid note, with the S&P 500 and the Nasdaq Composite displaying solid gains despite continuous uncertainty concerning world trade.

The S&P 500 won 0.5% to close the week, while the NASDAQ added 0.9%. However, the industrial average of Dow Jones has lagged behind other indices, recording a small point of 47 points, or 0.1%.

Google’s mother company, Alphabet, seemed to have strengthened investor confidence after exceeding estimates of the profits of the first quarter. In particular, a turnover of $ 90.23 billion and a profit per share of $ 2.81 beat estimates of $ 89.12 billion and $ 2.01 per share, respectively.

Tesla jumped almost 10% when investors seemed to become bruise after CEO Elon Musk said he was moving away from his Doge’s role in the United States government. The Ministry of Transport has also published new autonomous car rules that promote Tesla.

A solid week

The S&P 500 has climbed more than 4% during the week, and the NASDAQ climbed more than 6%. The DOW, once again, took the long of its rival clues but has always finished 2% higher for the week. BITOIN (BTC) has recorded his best week since November, because he seems ready to retest the level of $ 100,000 in the coming days.

Investors made the headlines of volatile trade on trade all week. The contradictory messages from President Donald Trump and Chinese officials mean that there is still little clarity on the progress of trade wars. Trump alternated between praising potential trade agreements and overtaking pricing threats.