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Nasdaq-100 Surges 9.3% in Four Days as Tech Rally Continues, Yardeni Says Stock Still Discounted

2026-08-05 19:28:19

According to veteran strategist Ed Yardeni, the Nasdaq-100 has surged 9.3% over the past four days, marking its best performance since April 2025. Despite the rally, the index trades at a forward price-to-earnings ratio of only 22.3 times, representing one of the lowest valuation premiums to the broader market since 2017, suggesting further upside potential.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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