Cryptocurrency Q&A Why did the Nasdaq 100 index soaring?

Why did the Nasdaq 100 index soaring?

HanbokGlamourQueenElegance HanbokGlamourQueenElegance Tue Dec 10 2024 | 7 answers 1617
The Nasdaq 100 index has been soaring recently. I'm wondering what factors are driving this surge. Is it due to positive economic indicators, strong corporate earnings, or some other reasons? I'd like to understand the background and reasons behind this upward trend. Why did the Nasdaq 100 index soaring?

7 answers

CryptoKnight CryptoKnight Thu Dec 12 2024
The Federal Reserve, often abbreviated as the Fed, plays a significant role in this market dynamic.

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EthereumLegendGuard EthereumLegendGuard Thu Dec 12 2024
The Fed's actions have been instrumental in the recent plunge of the Nasdaq 100 indexes.

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Nicola Nicola Thu Dec 12 2024
With the anticipation of rising prices, the Fed is expected to take active measures.

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CryptoAlchemy CryptoAlchemy Thu Dec 12 2024
These measures are likely to impact the Nasdaq 100 indexes as the market adjusts to the Fed's policies.

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Riccardo Riccardo Thu Dec 12 2024
The Nasdaq 100 indexes are currently experiencing a low price point for the year.

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