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The Nasdaq reaches the historical 9,000 points with the FAANGs in the background

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The Nasdaq has made history. Last Thursday, December 26 will be marked in the minds of investors as the day when the technology index reached 9,000 points for the first time. The selective American has achieved this milestone with an annual revaluation of 35%, driven by the progress of the actions of several semiconductor manufacturers, which leave the FAANGs in the background.

Among the big technology, Apple is the most prominent with an annual rebound of 83% at the end of this Friday. Although the company of Tim Cook has lived its best year of the decade, it is unable to approach the rebounds of Advanced Micro Devices (+ 150%) and Lam Research (+ 115%). Although it does manage to outperform NXP Semiconductors (+ 76%).

Facebook is the second most bullish FAANG of 2019 with a 58% rise, far removed from semiconductor companies. The increases in the matrix of Google, Alphabet (+ 30%), and Amazon (+ 25%) are even smaller; while Netflix (+ 23%) is the weakest, weighed down by the high competition that has emerged during this year in the streaming television sector.

Other companies that are not specifically technological also have good behavior within Nasdaq. It is the case of Lululemon Athletica, sportswear retailer, which manages to add 90% in stock since the beginning of the year. And another example is the coffee chain Starbucks, whose actions are driven by 37%.

THE NASDAQ TAKED 335 SESSIONS TO GO FROM 8,000 TO 9,000 POINTS

It took Nasdaq a year and four months to go from 8,000 to 9,000 points. From August 27, 2018 to December 26, 2019, a total of 335 sessions which represent the fourth longest period that the technological index has used to beat a round figure. The most complicated barrier was that of the 1,000 points, which exceeded July 7, 1995 after 6,171 sessions hanging around the three figures.

The US index was shot between 3,000 and 4,000 points, with only 38 sessions between both levels, and followed its upward trend to 5,000 points that beat 49 days later. The next step was more difficult, since it took 4,308 sessions until it reached 6,000 points on April 25, 2017.

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