IXIC: Nasdaq Composite Hits Record Close as Tech-Dense Index Adds 32% Since April Lows
Okuma süresi: 1 dakika
Anahtar noktalar:
- Nasdaq charts record highs
- What a magnificent comeback
- Nvidia leading the broader group
Yep — you read that right. Just over 32%, or one-third, of the index’s valuation was added in the span of just three months.
🕺 Celebrate Bull Times — Come On
- The Nasdaq Composite index
IXIC rewrote history on Friday, notching its brand-new all-time closing high. Techy guys, this one goes out to you — the tech-heavy index added 0.5% to log out at 20,273.46 points.
- That’s the first record since the index’s December peak and comes amid all kinds of mixed-bag data, diverging outlook for the global economy, and — of course — Trump’s confusing rhetoric.
- But, and perhaps more interesting to the math kids, the Nasdaq Composite is up 5% on the year, but 32% since its April crash when Trump introduced the tariffs.
🥁 Drumroll: And the Winners Are…
- In other words, one-third of the Nasdaq’s valuation — a total of $23 trillion — was added in the span of just three months. That’s $7 trillion in net new money pouring into the index, an average of about $2.3 trillion each month.
- The gargantuan amount is highly concentrated in a handful of stocks. Collectively called the Magnificent Seven, they are the heavy-hitters, the hyperscalers of the corporate world and are present in just about every serious fund manager’s portfolio.
- Nvidia
NVDA, Microsoft
MSFT, Apple
AAPL, Amazon
AMZN, Alphabet
GOOGL, Meta
META, and Tesla
TSLA. That’s the reason those charts are flashing green arrows in uncharted territory.
🤸🏾♀️ Breakdown: Performance
- But not all are equal. The full club of seven is collectively down on the year — a negative 0.6% performance.
- Take Nvidia – Jensen Huang’s AI juggernaut. The shares are up just 15% this year, but more than 65% since the April lows. Presently, they’re chasing the formidable $4 trillion valuation, with just about $200 billion left to pull in.
- Meta is up 21% and Microsoft is up by 17%. The other four are on the other side of the ledger for the year. But all are up between 15% and 50% from the April selloff.