The NDX Index (Nasdaq 100) continues to have an incredible 2020. Through yesterday, 8/31/20, the NDX’s year-to-date total return is 39.56%. And from the March 23 lows, the NDX has tacked on 73.52%.
Tech has worked well in this lower growth backdrop – the next 4 months of 2020 will be interesting to say the least.
CW
NDX Total Return (Year-to-date through 8/31/20)
Source: Bloomberg
NDX from 3/23/20 – 8/31/20
Source: Bloomberg
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