Nasdaq Caps a $7 Trillion Decade With Its Best Rally In 10 Years

(Bloomberg) — In a decade of extreme wealth creation in markets, few assets did more to enrich investors than stocks in the Nasdaq 100 Index. Their combined value jumped by more than $7 trillion, ending with the best year since the bull run began.Powered by a near-doubling in Apple Inc. and gains exceeding 50% in Microsoft Corp. and Facebook Inc., the tech-heavy gauge surged 38% over the past 12 months, the biggest increase since 2009.Technology companies needed 15 years to recover from the dot-com crash, coming full circle in 2015. Since then, they’ve doubled again. But for all the rampant …read more

Source:: Yahoo Finance


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