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The technology laden Nasdaq-100 rose a massive 47.6% in 2020 and the full Nasdaq Composite Index up 43.7%. powered by new technogy such as Tesla up 743%, Biotechs such as Moderna up 434% and Stay at Home stocks such as Peloton up 434% and Zoom Video up 396%

 NDX 2020

American stocks recovered to record highs after the Covid-19 pandemic lockdowns and trade uncertainty.

Risk takers pushed the Nasdaq index to near all times highs on the last day of 2020 as vaccine optimism and the prospects of further fiscal stimulus in the US fueled the mood. The Nasdaq rose rose 18.279 points or 0.14% at 12888.28 on the last day of the year, during the month, the Nasdaq added 5.7% and 43.4% for the year after bottoming out in late March, massive action by the Fed and fiscal stimulus nudged stocks dramatically to close the year with records. 

Top 20 Nasdaq 100 Stocks in 2020

(At Close December 31 2020)

20 Best Nasdaq Stocks 2020

How Global Indices fared in 2020

The euro however rallied against the US dollar as massive US QE weakened the dollar and relief that the UK-EU free trade deal had been agreed boosted the euro. The stronger euro helepd attract overseas investors to the US stock market.

EUR W 12 31 2020

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