The Stock Market Just Did Something Last Seen in 2020. It Signals a Big Move in the Next Year.
History says the Nasdaq Composite could skyrocket.
Overview
The U.S. stock market had a fantastic second quarter. Investors brushed aside economic uncertainty tied to the Iran war as U.S. corporate profits hit a record high. Financial results were surprisingly strong across every market sector, but technology companies involved in artificial intelligence hardware led the charge.
In turn, while the broad-based S&P 500 (SNPINDEX: ^GSPC) added 15% and the blue chip Dow Jones Industrial Average (DJINDICES: ^DJI) advanced 13%, it was the technology-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) that delivered a truly impressive performance. The index skyrocketed 21% in Q2 2026 to achieve its best quarterly performance since Q2 2020.
Details
History says this will happen next.
Source
Originally published at www.fool.com.