Today’s diagram reveals the NASDAQ’s substantial advantages during the ongoing recovery from the March 2009 low. Yet its percentage decrease, between the October 2007 top and the 2009 bottom, was not worse than the DJIA and S&P500.
Currently, the NASDAQ value has recovered to 89 percent of its peak value; but the DJIA achieved only a 79 percent return, while the S&P500 lags at 76 percent.
DJIA -.38 percent
NASDAQ .24 percent
S&P500 -.27 percent