US equity markets closed sharply higher on Thursday, with the Nasdaq Composite posting gains of more than 2.5%.
The tech-heavy index led the advance, outpacing broader market indices in a session characterized by strong buying interest across growth stocks.
The rally extends a positive streak for US equities.
The Dow Jones Industrial Average had previously broken through the psychological 52,000-point barrier for the first time, adding 306.63 points in the prior session. On Wednesday, the blue-chip index had risen 0.29% to finish at 52,637.01 points, setting the stage for Thursday's momentum.
Investor focus remains fixed on the ongoing second-quarter earnings season, which continues to drive sector rotation and valuation reassessments.
The strength in the Nasdaq suggests that market participants are responding favorably to corporate results and forward guidance, particularly in the technology sector.
Attention now shifts to upcoming central bank decisions that could influence market sentiment.