Tech-Heavy Nasdaq on Track for Significant Weekly Gains in 2024
Friday, 13 September 2024, 11:59
Tech-Heavy Nasdaq's Impressive Performance
The tech-heavy Nasdaq continues to demonstrate resilience as it climbs 0.5% during afternoon trading. This upward movement indicates the potential for a substantial 5.8% weekly increase, marking its biggest jump since November, according to FactSet data.
Comparative Performance with Other Indices
- Dow Jones: Up approximately 0.7%, anticipating a 2.5% weekly rise.
- S&P 500: Rising by 0.4%, striving for a 3.9% weekly gain.
This impressive performance signals a robust trend within the technology sector, as investors respond positively to the latest developments within tech giants and market conditions.
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.