The Nasdaq index, which tracks the value of high-tech stocks, rose a record 11% in January, showing its best performance since 2001. Bigtech shares are gradually rising in price against the backdrop of slowing inflation in the United States.

The Nasdaq rose 11% in January, showing the best dynamics in 22 years

In January 2022, the Nasdaq gained 11%, posting its best monthly performance in 22 years. In 2001, against the backdrop of a US tech boom, the index jumped 12.2%.

Analysts cited slowing US inflation, relatively positive forecasts of a possible recession and the likelihood of a reduction in rate hikes from the US Federal Reserve as the reason for the strong Nasdaq recovery.

The S&P 500 Index, which tracks the top 500 companies, posted its best performance since 2019 in January, according to Dow Jones Market Data.


Kirill Bilyk

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.


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