Tech-heavy Nasdaq closed up 1.15%

Date:

Nasdaq index today

The Nasdaq composite closed today at 17,717.03. Compared to yesterday’s close, the benchmark index rose by 200.60 points, or 1.15%. Year to date, the benchmark index is up by 19.99%.

Nasdaq chart today

The Nasdaq composite has historically had a high correlation with the S&P 500. The two indexes even share common components, including Apple, Microsoft and Alphabet.

Like the S&P 500, the Nasdaq typically reacts to macroeconomic catalysts such as U.S. gross domestic product growth, corporate earnings, investor sentiment and geopolitical headlines.

Nasdaq performance 2024

Despite periods of extreme market volatility, such as the dot-com bubble and the COVID-19 pandemic, the Nasdaq has generated an overall gain of 285.30% in the past 10 years. That’s significantly higher than the S&P 500, gaining 181.87% in that period.

Nasdaq 100

The Nasdaq 100 index is a subset of the Nasdaq…

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