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The Nasdaq-100 is currently up 31.6% on the year, another strong performance after the Nasdaq slipped in 2022. On a 5-year basis, the Nasdaq-100 is now up 148%, which significantly outperforms the ...
Can the S&P 500 gain for its fourth consecutive day? Stocks ripped higher yesterday after lower-than-expected inflation data was announced. However, markets are far more muted today. As of 11 a.m ...
The big economic release today is CPI, which is the most broadly watched inflation figure. The headline figure is that CPI rose 2.9%, which is above recent readings ( such as 2.4% in September ).
The big story in premarket trading is that NVIDIA (Nasdaq: NVDA) and chip stocks are up big. NVIDIA jumped 4.45% on Friday, and is currently up 2.6% in premarket trading to $148.25 per share.
The Nasdaq Composite breached 20,000 for the first time on Wednesday after November's inflation data revived momentum into the equity rally. Tech stocks led the way, pushing the index up 1.7%.
Index funds that attempt to track the Nasdaq Composite include Fidelity Investments' FNCMX mutual fund [4] and ONEQ [5] [6] exchange-traded fund. Invesco offers the Nasdaq: QQQ exchange-traded fund, which matches the performance of the Nasdaq-100, a different index which tracks 100 of the largest non-financial companies in the Nasdaq Composite and is 90% correlated with the Nasdaq Composite.
Nasdaq composite: 18,972.42, up 0.03% Nvidia stock whipsawed throughout the day, flipping between losses and gains before ending the day slightly higher, up 0.5% to $146.67 per share.
The tech-heavy Nasdaq fell over 3%, weighed down by a big drop in Nvidia shares. Stocks plunged Tuesday as manufacturing data chipped at confidence in the US economy. The S&P 500 and Dow Jones ...
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