The once high-flying technology stocks that drove the U.S. stock market's success in 2023 have encountered challenges in the early days of 2024. The Nasdaq, in particular, experienced its longest losing streak since late 2022 on Thursday. In contrast, health-care stocks, utilities, and energy stocks, which had negative performances in 2023, have emerged as leaders in the market … [Read more...] about A Shift in Stock Market Trends
Nasdaq Composite
Y2K Fashion and a Familiar Tech Rally
Y2K fashion is making a comeback with wide-leg denim, velour tracksuits, and butterfly hair clips. But alongside this nostalgic fashion trend, there seems to be a disturbing parallel in the tech market. Out of all the major indexes, the Nasdaq Composite, known for its heavy focus on technology companies, has experienced the most significant rally in 2023. It has soared over 25% … [Read more...] about Y2K Fashion and a Familiar Tech Rally
Apple’s Stock Underperforms as Nasdaq Composite Plummets
The stock market has been unpredictable, and August has been no exception. According to Dow Jones Market Data, the Nasdaq Composite experienced a 5.3% decline this month, putting it on track for its worst performance of the year. This downward trend has also affected Apple (AAPL) stock, which has seen a significant drop of 9.1%, marking its first monthly decline in 2023. As of … [Read more...] about Apple’s Stock Underperforms as Nasdaq Composite Plummets
