Tech stocks lead the rally – Nasdaq outperforms S&P 500 and Dow Jones at year-end



The US major indices showed positive development on December 23, with the Nasdaq Composite Index shining with the strongest performance. According to data from Golden Ten, the Nasdaq Composite increased by 133.02 points and closed at 23,561.84 points – a gain of 0.57 percent. This strength indicates that technology stocks continue to attract investor attention.

The S&P 500 followed with a more moderate momentum: the broad-based index rose by 31.3 points to 6,909.79 points, representing a plus of 0.46 percent. While the Nasdaq benefited from its tech focus, the S&P 500 shows a more balanced market development.

The Dow Jones Index rounded off the positive tally, ending with an increase of 79.73 points at 48,442.41 points – a modest plus of 0.16 percent. The price movement illustrates that large-cap stocks maintained a more stable, less volatile course, while growth stocks dominated the market.

The simultaneous upward movement of all three indices signals a robust market sentiment at year-end, with Nasdaq as the growth driver and Dow Jones as a stabilizing element. For market observers, this constellation remains an important indicator of upcoming market dynamics.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)