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  • S&P 500

    4,142.53
    +31.45 (+0.76%)
     
  • Dow 30

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  • Nasdaq

    12,023.29
    +135.84 (+1.14%)
     
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Why the Nasdaq Will Beat the Dow in 2023

Why the Nasdaq Will Beat the Dow in 2023

Of the three major U.S. stock indexes, the Nasdaq (NASDAQINDEX: ^IXIC) has had by far the worst performance thus far in 2022. All of them have rebounded notably from their 52-week lows, but the tech-heavy index is still down 27% year to date, while the Dow Jones Industrial Average (DJINDICES: ^DJI) is down by just 5% and the S&P 500 (SNPINDEX: ^GSPC) is off 14%. Tech stocks came into 2022 looking overvalued.