Nasdaq 100 Index Shows Resilience Amid Positive Inflation Data

Friday, 12 July 2024, 07:34

The Nasdaq 100 Index declined despite favorable inflation news. The equal-weighted S&P 500 version, reflecting inclusivity towards various stocks like Nvidia and Dollar Tree Inc., exhibited growth. This divergence showcases a potential shift in market dynamics, suggesting broader market participation is on the rise.
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Nasdaq 100 Index Shows Resilience Amid Positive Inflation Data

Nasdaq 100 Index Movement

The Nasdaq 100 Index experienced a decline following encouraging inflation data.

Equal-Weighted S&P 500

The modified S&P 500 version demonstrated strength, with stocks such as Nvidia and Dollar Tree Inc. contributing equally to its performance.

This equality among stocks indicates a shift in market dynamics favoring broader participation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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