The Impact of gold and oil prices on the Nasdaq Composite

Financial markets are a significant source of financing for a country's economy. Forex Exchange market is one of the most important financial markets in the world ,and the Nasdaq index is an essential indicator of the performance of this market. The index measures the value of stock units in this market. In addition, this index is one of the world's most essential electronic market indices. As financial markets become more globalized through capital flow and trade, price fluctuations in financial assets also affect other assets and needs. Oil and gold are two of the most critical factors that affect the markets. The study examines the effects of gold and crude oil prices on the Nasdaq index, considering their high impact on the world's critical economic factors. Based on the monthly data from January ۲۰۱۷ to December ۲۰۲۱, it is apparent that the price of gold and crude oil significantly impacts the Nasdaq Forex market index.

کلیدواژه ها:

Nasdaq composite ، Stock market ، Econometrics ، Gold price ، Oli price