How the Nasdaq Dominated the Stock Market Wednesday
After so many months of absolutely crushing the rest of the stock market, the recent underperformance from the Nasdaq Composite (NASDAQINDEX: ^IXIC) has raised some eyebrows. Even though the Nasdaq was closest to setting new record highs as the stock market surged last week, it has hung back even as other market benchmarks moved more sharply higher.
At least for today, though, the Nasdaq decided it had had enough. Wednesday featured a return to the strong gains that Nasdaq investors have grown accustomed to seeing, even as the rest of the market took a pause. Here's why the Nasdaq is doing so well on Wednesday and what it means for the rest of 2020 and beyond.
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Source Fool.com
