NDX: Nasdaq Ticks Up in July’s Final Session to Log Best Start of Year Since 1975

The tech-heavy index booked a 7-month gain of a whopping 37.1%, blowing past peers S&P 500 and Dow.

• Another month, another lofty gain for the Nasdaq Composite. Wall Street’s technology index added just over 4% in July, bringing its seven-month performance since the start of the year to a hulking 37% advance. Stats check: it’s the benchmark’s best first seven months of a year since 1975.
• The other two indexing heavyweights are also deep in green but not that much. The S&P 500 scored a 3.1% increase in July and is sitting on year-to-date gains of roughly 20% while its companies are churning out a pretty impressive earnings season. The Dow was up about 3% in July and slightly more than 7% for the year so far.
• Down the week, the markets will be looking out for fresh US jobs data. The nonfarm payrolls report is coming Friday and is expected to show the pace of hiring among Americans cooled to 200,000 in July, down from 209,000 in the month prior.