Most markets have been bullish for the last couple of weeks. Does it also apply to the two most popular indices in the world? How do NASDAQ & S&P500 find themselves in the new reality?
NASDAQ & S&P500 on the rise
NASDAQ & S&P500 usually record stable growths. From the autumn of 2022, traders can notice the positive trend in a long-term perspective on both indices. Of course, there were some short setbacks, including a massive plunge in the markets in early August, but both of these indices became a popular addition for investors looking at long haul rather than quick transactions.
We could observe a similar pattern of price fluctuations behind those two indices. Rapid and strong growth right after the election results, sudden downfall as traders wanted to cash out their profits, followed by a more stable value increase. Both S&P500 & NASDAQ have been treated as anchors during the most volatile times in the market – and the last weeks confirmed this notion.
Major factors behind the US100 value increase
NASDAQ (US100) has significantly risen right after the results of the U.S. elections. Trump’s victory pumped the optimism in the market. Traders started heavily investing in multiple tech assets, most of which are listed in the top 100 in the United States. Moreover, this tech boom came together with the spectacular rise of crypto. Not only has Bitcoin recorded massive growths, but altcoins such as Solana and Celestia as well.
Why does the S&P500 grow?
A similar story stands behind S&P500 (US500). The positive impact on the U.S. elections’ results exceeds the tech bubble. Multiple companies from other industries are on the rise. S&P500 benefits from other factors, including NFP reports and interest changes. Due to the broader range of companies from various sectors, traders eager to explore the American economy look at the S&P500 even more carefully than the NASDAQ.
Most notable gainers
The technology boom leads the way regarding the highest gainers in the equities listed on NASDAQ & S&P500. However, there are some other notable players from other industries.
Palantir Technologies: The AI giant has recorded over 300%(!) value increase in the market for the last year. And it doesn’t seem to stop, as VP-elect JD Vance is in a close relationship with Peter Theil, chairman of the company. Palantir Technologies shares can rise even higher, as the close cooperation between the company and the U.S. government likely will be more profitable.
Coinbase: The recent Bitcoin 100k massive event is just the icing on the crypto cake. The traders’ optimism towards cryptocurrencies led to the substantial growth of Coinbase shares. This crypto exchange hugely benefits from the recent election results, as people understand how Donald Trump is keen on pushing Bitcoin’s impact as far as possible.
Walmart: Walmart emerged as a leader in the American retail sector in 2024. Its ratings have increased by over 25%. This growth intertwined with the S&P500 performance throughout the last couple of months.
NASDAQ & S&P500 – stability in turbulent times
As the indexes consist of 100 and 500 significant stocks, respectively, NASDAQ & S&P500 may be the most reliable barometers of the current market’s situation. And it turns out that the bullish attitude in the American economy does not want to stop. With several companies, including Palantir and Coinbase, recording substantial increases in value, NASDAQ & S&P500 have been steadily growing.
It showcases the positive attitude of investors toward the American economy.