The Nasdaq 100 has entered a new bull market, achieving an impressive 18.5% return in Q1 2023, its best performance since 2012. This resurgence highlights the index's strength despite a recent 0.7% decline, and it has outperformed the Nasdaq Composite by 375 basis points. Dominated by top tech stocks, including Nvidia taking the lead, the ten largest companies are responsible for 88% of this year's gains, while the Nasdaq 100's growth firmly positions it as the strongest major U.S. index this quarter.
“Nasdaq Composite · contains · 100 biggest stocks · true”
“Nasdaq Composite · performed best · of all three indexes · true”
“Nasdaq-100 · saw Nvidia · top spot · true”
“The Nasdaq · gained · 1.3%”
“The Nasdaq · ended Q1 up · nearly 20%”
“Nasdaq 100 · entered · a new bull market · true”
“Nasdaq 100 · best first-quarter return · since 2012 · 18.5%”
“top ten Nasdaq 100 stocks · account for nearly all of the gains this year · 88% · true”
“Nasdaq 100 · outperforming · Nasdaq Composite · by 375 basis points”
“Nasdaq · spanned · three years · true”
“Indexes · up · Nasdaq · 1.09%”
“Nasdaq Composite · was up · 131.40 points · at 12,144.87”
