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New acronym needed as Nasdaq hits all-time high

Published 03/09/2018, 01:47 PM
© Reuters.  New acronym needed as Nasdaq hits all-time high
US500
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DJI
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INTC
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MSFT
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QQQ
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GOOGL
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AAPL
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AMZN
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NFLX
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QID
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QLD
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META
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PSQ
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QQEW
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QQQE
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QQXT
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TQQQ
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SQQQ
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GOOG
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  • While the S&P 500 and Dow still have a ways to go to retake all-time highs set earlier this year, the Nasdaq's 7.4% advance from the February 8 low has brought that index to a new record (it's up 1.4% today to 7,530).
  • Bloomberg's Andrew Cinko notes that only five stocks account for a full 50% of that rally. Netflix (NASDAQ:NFLX) and Facebook (NASDAQ:FB), however, aren't among them. The new quintet: Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Intel (NASDAQ:INTC).
  • ETFs: QQQ, TQQQ, SQQQ, PSQ, QID, QLD, QQQE, QQEW, QQXT, OTPIX
  • Now read: Hanging Curve


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