Nasdaq-100 records worst weekly performance in 18 months
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View chart & analysis → - 1The Nasdaq-100 fell approximately 5.5% for the week ending October 16.
- 2The VanEck Semiconductor ETF fell approximately 10% during the same week.
- 3Of the 26 instances since 2010 where declines exceeded 4%, 25 saw gains one year later.
So what's the key point?
The Nasdaq-100 index had a very poor week with a 5.5% drop. However, looking at past cases, prices have often risen one year after such large declines.
Source The Motley Fool +1 · View original ↗
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