Wall Street has been nothing short of a roller-coaster ride since this decade began. Over nearly four years, the major stock indexes have vacillated between bull and bear markets, with the pendulum for the growth-driven Nasdaq-100 swinging the most. The Nasdaq-100 is comprised of the 100 largest nonfinancial companies listed on the stock exchange.

After losing a third of its value during the 2022 bear market, the Nasdaq-100 has catapulted higher by 40% this year, as of the closing bell on Nov. 7. Nevertheless, this highly watched index remains 8% below its record-closing high, which was set almost two years ago.

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Source Fool.com