Nasdaq 100 Is Partying Like It’s 1999

Excited Saturday Morning GIF

https://www.bloomberg.com/news/articles/2023-07-14/nasdaq-100-relives-1999-euphoria-partying-like-dotcom-days#xj4y7vzkg

The tech-heavy gauge, home to the likes of Nvidia Corp., Apple Inc and Microsoft Corp. has surged 42% year-to-date.

That’s ahead of where it was at this point in 1998 and 1999, when full-year returns amounted to 82% and 100% respectively.