If the S&P 500 is the index that represents the American economy, the Nasdaq Composite is the index that represents its future. Over the past two decades, the Nasdaq has transformed from a secondary listing venue into the world’s premier technology index, and its daily movements now drive global market sentiment more than almost any other single number. The Nasdaq is more volatile than the S&P 500, more concentrated in growth sectors, and more sensitive to interest rates and earnings surprises. Understanding what moves it is essential for any investor who wants to read the modern market accurately. What Makes…
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