June 27 (Reuters) - The Nasdaq hit a record high on Friday, as investors piled into technology companies on optimism around artificial intelligence and the prospect for looser monetary policy, putting the index on track to confirm a bull market.
The tech-heavy index .IXIC was last up 0.4% at 20,243 points, surpassing its record high of 20,204 on December 16. It had tumbled 26.8% from its previous peak, marking a bear market days after Trump's "Liberation Day" reciprocal tariffs on April 2.
(Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur)
((Medha.Singh@thomsonreuters.com; +91 80 6210 0592; X, formerly Twitter: @medhasinghs;))
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