Finance

The Nasdaq-100 is headed for its best first half on record. But the rally faces a high-stakes test in July.

Talk about a comeback story.

After enduring the biggest rout since the 2008 financial crisis in 2022, technology stocks have led the U.S. market to a spectacular turnaround in the first half of this year. The recovery has the Nasdaq-100, which tracks the top 100 stocks traded on the Nasdaq Exchange, on track for its best first-half performance on record.

What’s more, the Nasdaq Composite, a broader gauge that includes all stocks trading on the Nasdaq, is headed for its best first-half since 1986, according to Dow Jones Market Data.

Continued Article: https://www.marketwatch.com/story/the-nasdaq-100-is-headed-for-its-best-first-half-on-record-but-obstacles-to-further-gains-lie-ahead-5c9f6df9?mod=home-page

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