The Nasdaq Now Dwarfs European Stock Market

Big Tech’s outperformance in 2020 has furthered its growth relative to a pan-European stock index.

The total market capitalization of the Nasdaq today is more than 40% larger than this broad European gauge, a feat not reached during the 2000-era tech bubble.

As relative gains of U.S. tech expands, investors should be asking themselves what a limit on that growth looks like.

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