NASDAQ hits fresh record highs as hedge fund manager warns valuations are “strong”

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NASDAQ Composite Index is trading about 1.2% higher on Monday to hit fresh record highs at 13,729, driven by a surge in Apple stock. Fundamental analysis: Valuations strong John Studzinski, vice chairman at asset management company PIMCO, says current market valuations are “strong” but also indicate an economic recovery expected in the second half of […]

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