Key Highlights
- US markets will be closed on 19 January for a holiday.
- Walmart’s addition to the Nasdaq 100 follows its decision last year to shift its stock listing from the New York Stock Exchange (NYSE) to Nasdaq, marking the largest exchange transfer on record.
- The Nasdaq-100 Index is a globally recognised index that tracks the performance of 100 of the largest non-financial companies listed on the Nasdaq stock market, spanning diverse range of industries and sectors.
- The US-based multinational retail corporation has seen its market value climb above $920 billion after it recorded strong sales growth and share gains.
- This growth was a result of consumers moving toward lower-priced essentials.
