Tech stays hot as Nasdaq hits fresh record high

In this article:

Tech in the driver’s seat as FANG stocks set the pace. Plus, Trump is back at war with football. And, Spotify is taking a page from the Apple playbook. Will it work? Plus a look ahead to everything you need to know about tomorrow, today. Catch The Final Round at 3:55 ET p.m. with Jen Rogers, Yahoo Finance markets correspondent Myles Udland and Dan Roberts.

Winners and losers

Stocks in the red include Carnival, as analysts at Morgan Stanley note concern about a fourth-quarter slowdown in the cruising industry with hurricane season threats and higher fuel costs; First Solar as BofA Merrill downgrades the solar stock to neutral and lowered the price target from $83 to $63; and Vertex Pharmaceuticals as the FDA placed a clinical hold on a new drug application for a gene-editing therapy in treating sickle cell.

Stocks in the green include Twitter, with news that it will replace Monsanto in the S&P 500; Discovery as MKM Partners upgrading the basic cable and satellite television network from Buy, citing attractive valuation and potential for growth; and Mylan, with shares higher as the FDA approved Fulphilia, a new treatment that reduces risk of infection following chemotherapy.

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