The Nasdaq Composite Index hit another milestone Dec. 26, passing 9,000 points for the first time. The index, known as a benchmark for technology companies, is huge — 2,690 stocks. Today we’ll show three lists of winners for 2019.
MarketWatch’s Mark DeCambre reviewed the index’s performance since it topped its previous 8,000-point milestone in August 2018 and found that a good part of its gain was provided by non-tech companies, including Lululemon Athletica LULU, -0.50% and Starbucks SBUX, +0.06%. Since the Nasdaq-100 excludes financial companies , we have also looked at the Nasdaq Financial-100 Index IXF, -0.14%, which makes up only 5% of the full Nasdaq.
Best Nasdaq performers Here’s a breakdown of total returns for 2019 through Dec. 26 and also returns for 2018 and longer periods:
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Source: WSJ - 🏆 98. / 63 Read more »
Stocks close at historic highs, Nasdaq finishes above 9,000 points for the first timeThe Nasdaq Composite logged its tenth record in a row and finished above 9,000 points for the first time ever. It's the index's longest winning streak since July 2013. This doesn't mean anything considering 70% of the population doesn't have money in the stock market GodBlessPresidentTrump Trump2020LandslideVictory 4MoreYears MAGA That's all that repo,money our govt is flooding the market with. Let's see how this works moving forward. Every business cries about raising the minimum wage to 15.00 he and healthcare etc yet this great market hasn't improved the working Americans lives. Who's kidding who?
Source: CNN - 🏆 4. / 95 Read more »