Nasdaq Volatility Surges as Dollar Rally Puts Celebration on Ice
Will Nasdaq Be Able to Maintain its Momentum?
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The party has been postponed.
Less than two weeks after the Nasdaq Composite Index pulled within 1 percent of its dot-com era record, a surging dollar and interest-rate speculation have stopped the gauge in its tracks. Volatility in the Nasdaq 100 Index has climbed by almost 20 percent in the past week, the biggest increase of the year on a rolling basis, as Netflix Inc. and Intel Corp. dropped.