The Nasdaq composite closed today at 16,834.13, with a gain of 39.27 points or 0.23%. Year to date, the index is up by 12.48%. The Nasdaq typically reacts to macroeconomic catalysts and is known for its correlation with the S&P 500. Despite market volatility, the Nasdaq has seen a gain of 302.17% in the past 10 years. The top 10 Nasdaq stocks account for over 50% of the index’s weight. Investors can track the performance of the Nasdaq through ETFs or futures contracts.
Leave a Reply