Nasdaq Today: Why Zoom and Marriott Soared Monday
The stock market continued to gain ground on Monday, lifted by optimism that coronavirus-inspired shutdowns will continue to lift and stop weighing on economic recovery. As of around 3 p.m. EDT, the Nasdaq Composite (NASDAQINDEX: ^IXIC) had picked up about three-quarters of a percent. The Nasdaq 100 Index of top Nasdaq stocks saw slightly more muted gains of around 0.4%, which was more in line with the broader market's rise.
Among Nasdaq 100 stocks, however, two companies stood out. Zoom Video Communications (NASDAQ: ZM) once again led the index higher, and Marriott International (NASDAQ: MAR) also posted impressive gains that reflected hopes of returning to a viable new normal in the near future.
Image source: Marriott.
Source Fool.com