The Nasdaq, which is heavily focused on technology, saw a year-to-date increase of 20.02% in its closing value.

The Nasdaq index closed today at 17,722.82, showing an increase of 1.29% compared to yesterday’s close. Year to date, the benchmark index has risen by 20.02%. This positive performance is attributed to factors like U.S. gross domestic product growth, corporate earnings, investor sentiment, and geopolitical headlines. Despite market volatility, the Nasdaq has shown significant gains of 302.98% in the past 10 years. The top 10 companies in the Nasdaq 100 index represent a total combined index weighting of over 50%. Overall, the Nasdaq composite is market capitalization weighted and includes more than 3,400 components. Investors can track the Nasdaq’s performance through index mutual funds, ETFs, and Nasdaq futures contracts tied to the index.