06/06/2023
The Nasdaq 100 is a widely followed stock index that tracks the performance of 100 of the largest non-financial companies that trade on the Nasdaq stock exchange. It was seen that although this index tanked around 35% in 2022 due to issues like the collapse of SVB, rising inflation, and a fall in tech sector stocks, it was seen recovering almost 36% in the first half of 2023 itself. A few reasons for this bullish growth are excitement about artificial intelligence, cloud computing, cooling inflation, etc.
Long Story Short – Ups and Downs will happen in your portfolio. The most important thing is to stay invested.