Benzinga | Apr 8, 2021 04:31PM EDT

Markets Set New All-Time Closing Highs. Here's Why.

The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) had an impressive day of trading Thursday with the fund seeing gains of 1.04% finishing at $335.08.

Major indices were trading higher amid a rebound in tech stocks. Additionally, Federal Reserve minutes from the central bank's March meeting indicated current monetary policies would remain in place until certain economic conditions improve.

The SPDR S&P 500 ETF Trust (NASDAQ:SPY) reached an all-time high of $408.57 before finishing higher by 0.47% at $408.49. The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) also finished higher by 0.23% at $335.13.

Here are the day's winners and losers from the QQQ, according to data from Benzinga Pro.

The leaders for the QQQ Thursday were from tech and growth names: Paypal Holdings Inc (NASDAQ:PYPL), Intuit Inc. (NASDAQ:INTU) and Align Technology, Inc. (NASDAQ:ALGN).

Vertex Pharmaceuticals (NASDAQ:VRTX), Cintas Corporation (NASDAQ:CTAS) and Walgreens Boots Alliance Inc (NASDAQ:WBA) were among the top laggards for the Nasdaq Thursday.

Elsewhere On The Street

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* Palantir Technologies Inc (NYSE:PLTR) co-founder Peter Thiel made headlines with comments he made at a virtual event for members of the Richard Nixon Foundation on Wednesday. Thiel wondered if Bitcoin (CRYPTO: BTC) should be thought of as a "Chinese financial weapon" against the U.S. at this point... Read More

* Square Inc (NYSE:SQ) announced a grant of nearly $100,000 to two pseudonymous developers for their work on the Bitcoin block explorer Mempool.space... Read More