The Nasdaq, which is weighted towards technology stocks, ended the day with a 7.04% gain.

The Nasdaq composite closed today at 15,664.45, dropping by 1.99%. The index has increased by 7.04% year to date. The Nasdaq is known for its correlation with the S&P 500 and reacts to various economic factors like GDP growth, corporate earnings, and geopolitical headlines. The Nasdaq has shown a significant gain of 279.85% in the past decade, outperforming the S&P 500. The index includes top companies like Apple, Microsoft, and Alphabet. The top 10 companies in the Nasdaq hold over 50% of the index’s total weight. Investors can track the Nasdaq’s performance through ETFs and futures contracts linked to the index.