With the end of 2023 just around the corner, the Nasdaq 100 is heading for its best annual performance since 1999

WendyCS

2023-12-29 03:49:05

Sina Financial News U.S. stocks are nearing the end, and the rally in large technology stocks has brought the market close to all-time highs against the backdrop of the boom in artificial intelligence and the market’s bets on the Fed’s dovish pivot. Before the closing bell of 2023 rings for the last time, the Nasdaq-100 is on its way to its best annual performance since 1999, with a $7 trillion annual increase in Market Cap; and the S&P 500 is approaching record highs. The Nasdaq 100 fell about 0.1 percent to 16,898.47 on Thursday and is up more than 54 percent so far this year.

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