Nasdaq Composite Rises 31% for Year as Nvidia’s Stock Triples

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The Nasdaq Composite rose 31% in 2024 after investor excitement over generative artificial intelligence resulted in a boom year for the tech companies that make up more than half of the index.

Nvidia’s stock price increased 179% over the past year to $134. In September, Nvidia was the third largest company in the Nasdaq composite by market capitalization. Apple, the index’s top-weighted

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