A fiscal year (FY) is a 52- or 53-week period that a company or government uses for budgeting and accounting purposes and as a schedule for its financial statements.
The tech-heavy Nasdaq Composite was leading the other two major U.S. stock-market indexes higher. The Nasdaq was up 467 points, or 2.7%, near 18,043, according to FactSet data. If those gains hold, ...
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