QUICK SPARK: Nasdaq 100 on Track for Best 4-Year Rally Since 1999
Key takeaways
- The Nasdaq 100’s 180% YTD gain signals a robust, tech‑heavy rally that could continue through 2026.
- 180.1% YTD gain
- 53.8% 2023
- 24.9% 2024
What happened
The Nasdaq 100 has surged 180.1% since the start of 2023, putting the tech‑heavy index on track for its best four‑year run since 1999.
Why it matters
The index has posted four consecutive years of double‑digit gains—53.8% in 2023, 24.9% in 2024, 20.2% in 2025, and 21.3% so far in 2026—highlighting sustained strength in technology and memory‑chip stocks.
Short-term and longer-term
Short-term. Short‑term traders should watch the memory‑chip names for continued upside, especially SanDisk and Micron, while monitoring the software laggers for potential mean‑reversion.
Longer-term. Long‑term investors see a sustained expansion in the tech sector, with memory and semiconductor companies outperforming peers.