Today, the NASDAQ-100 Index and NASDAQ Composite Index both experienced positive performances, with the NASDAQ-100 outperforming the Composite. The NASDAQ-100 closed at 18,830.58, up 201.81 points or 1.06%, while the NASDAQ Composite finished at 17,357.88, increasing by 176.16 points or 1.03%.
Sector Performance in the NASDAQ-100
The NASDAQ-100 Index is heavily weighted towards the Technology sector, which accounts for over 60% of the index. Today, this sector led the gains, with major players like Apple (AAPL), Microsoft (MSFT), and NVIDIA (NVDA) contributing significantly to the index’s performance.
- Apple (AAPL) closed at $217.96, up 0.22%
- Microsoft (MSFT) closed at $425.27, up 1.64%
- NVIDIA (NVDA) closed at $113.06, up 0.69%
The Consumer Services sector also performed well, driven by strong performances from companies like Amazon (AMZN) and Tesla (TSLA).
- Amazon (AMZN) closed at $182.50, up 1.47%
Sector Performance in the NASDAQ Composite
The NASDAQ Composite Index has a broader sector distribution, including Technology, Consumer Discretionary, Communication Services, and others. Similar to the NASDAQ-100, the Technology sector led the gains, reflecting the overall strength of tech stocks.Within the Consumer Discretionary sector, companies involved in retail and e-commerce, such as Amazon, also showed positive performance. The Communication Services sector, which includes company like Meta Platforms (META), contributed to the index’s gains, indicating investor confidence in digital communication and media platforms.
- Meta Platforms (META) closed at $465.70, up 2.71%
Overall, the strong performance across sectors, particularly in Technology and Consumer Services, underscores the resilience of the NASDAQ indices and the continued investor confidence in innovative and growth-oriented companies.
