Summary:
- The Nasdaq Composite index, which is heavily weighted towards technology stocks, performed better than the broader S&P 500 index last week.
- This outperformance was driven by strong gains in major tech companies like Apple, Microsoft, and Amazon, which make up a significant portion of the Nasdaq.
- The article suggests that the Nasdaq's resilience in the face of economic uncertainty is a testament to the continued importance and growth of the technology sector.