Up 9% in 2023, Is It Safe to Invest in the Nasdaq Right Now?
2023 is still young, but the Nasdaq is already off to a hot start.
The tech-centric index is up 9% through Jan. 23, outperforming both the S&P 500 and the Dow Jones Industrial Average.
However, that gain only represents a fraction of the Nasdaq's losses last year, as the index fell 33% due to rising interest rates, fears of a recession, and a contraction following outsize gains earlier in the pandemic.
Source Fool.com
