The Nasdaq Composite index has returned more than 40% so far in 2020. That is twice as much as the CSI 300, a measure of Chinese equities, the next highest returning major equity market index. The Nasdaq Composite index has outperformed the Dow Jones Industrial Average by about 35 percentage points, as of Tuesday. It marks the third time since 1990 that the Nasdaq has outperformed the Dow by more than 30 percentage points.
Nasdaq delivers an impressive year
Year-to-date, the Dow has been dragged down by Boeing and Raytheon. Like the Nasdaq, Apple Inc. has significantly helped the Dow adding more than 1,400 points of the 1,635-point gain total this year.