Nasdaq 100 Index Gains Almost 8% in May Despite debt ceiling worries, weak market breadth, and stubborn inflation , the Nasdaq 100 Index rose 7.7% in May amid an artificial intelligence (AI)-related rally. The S&P 500 Index was also able to eke out a 0.4% gain but the Dow Jones Industrial Average Index fell 3.2%. [...] The post How Much More Will the Fed Need to Hike if Inflation Remains Persistent? appeared first on ETF Trends .