"Q1 2023: Tech and Meta Stocks Dominate, Nasdaq 100 Leads Gains"

The S&P 500 rose around 7% in the first quarter of 2023, with the Nasdaq Composite soaring nearly 17%. Nvidia, Meta Platforms, Advanced Micro Devices, and Salesforce were the top four gainers, while Halliburton, Devon Energy, Johnson & Johnson, and Honeywell International were the worst performers. The winners were beaten up last year but regained appreciation of their secular growth stories, while the losers outperformed the S&P 500 by a wide margin last year.