Long Term Perspective

 

 

The NYSE Arca Tech 100 Index is a price-weighted measure of 100 listed and over-the-counter stocks from 15 different industries. These include computer hardware and software development, semiconductors, networking, communications and data storage and processing. The NYSE Arca Tech 100 Index was formerly known as the PSE (Pacific Stock Exchange) Index. In September 2005, Archipelago Holdings purchased the Pacific Exchange and the Pacific Stock Exchange Tech 100 Index and in October 2005 renamed the Index the ArcaEx Technology 100 Index. In March of 2006, the New York Stock Exchange and Archipelago Holdings merged, creating NYSE Arca, and in April of 2006 the Index was renamed the NYSE Arca Tech 100 Index.  

 

The NYSE Arca Tech 100 Index vaulted 34.2 percent in 2013 after jumping 19.9 percent in 2012.  The 10-year average growth for the NYSE Arca Tech 100 Index was 11.7 percent in 2013 versus 13.5 percent in 2012.

 

Short Term Perspective

 

 

The NYSE Arca Tech 100 Index had a month-end peak of 1,167.91 in February 2000 and fell 67 percent to a month-end cyclical low of 385.73 in September 2002. This index recently was finally past its old historical high—in early 2012.  Many of the companies included in this index are household names – Yahoo, Microsoft, Texas Instruments, Intel, and Amgen. 

 

In September, the NYSE Arca Tech 100 Index on a year-ago basis was up 20.1 percent, compared to 28.1 percent the month before.

 

 

The NYSE Arca Tech 100 Index in September dipped 1.7 percent after gaining 3.5 percent in August.