LB Select
2023.12.01 04:26
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One chart to understand | How well did US tech stocks perform in November?

In the just-concluded month of November, the Nasdaq index surged by 10.7%, achieving its best monthly performance since July 2022. Star tech stocks across the board saw gains, with Tesla leading the way with a nearly 20% increase, and even the least performing Alphabet-C also rose by nearly 7%!

In the just-concluded month of November, the Nasdaq index surged by 10.7%, marking its best monthly performance since July 2022.

All the star tech stocks saw gains. Among them, Tesla led the way with a nearly 20% increase, followed closely by Netflix and Nvidia with a 15% rise. Microsoft and Apple also saw gains of over double digits.

Amazon rose nearly 10% during the month, while Meta increased by almost 8%. Among the "Big Seven" tech giants, Google had the smallest increase in November, but still rose by nearly 7%.