While volatility continues in Nasdaq stocks, sentiment is turning more positive as it appears much o...
While volatility continues in Nasdaq stocks, sentiment is turning more positive as it appears much of the bad news from the sector has already been discounted by investors. Nasdaq started at just over 2700 on 5 December and ended up 188 points higher, reaching 2889. Nasdaq started the year at 4130 and its historic high has been 5047 recorded on the 10 March this year. Rupert Della Porta, senior fund manager at Aberdeen Asset Managers says the rise in early December was largely caused by Alan Greenspan's comments indicating the Federal Reserve may move towards a neutral monetary policy on ...
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