The Nasdaq 100 (NDX) was the worst-performing major US index on Monday, as the technology sector continued on its weakened sentiment. While the recent weakness in the industry is regarded as a crucial bearish factor for the NDX, a bigger reason for the slump in the index is due to investors taking flight from riskier […]
The Nasdaq 100 (NDX) traded on a positive momentum yesterday, as risk appetite began to creep in across markets following the dramatic sell-off on Wednesday. The NDX could be well on its way to a volatile session today following several earnings reports from tech giants like Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOG), […]
The Nasdaq 100 (NDX) traded with a good amount of volatility at the start of the week amid growing COVID-19 cases and dwindling hopes for a US fiscal stimulus package, which thwarted risk appetite. Meanwhile, a downtrodden outlook and quarterly report for Germany’s largest software company, SAP has added to the gloomy sentiment surrounding the […]
Wall Street traded on a choppy sentiment on Thursday, as investors’ mood was lifted by the prospect of additional fiscal stimulus to bolster the pandemic-torn US economy amid reports pointing to a slow-down in the labor market recovery. This week, Wall Street traded at the mercy of reports surrounding stimulus talks. The CBOE Market Volatility […]
On the macro level, investors are once again chasing after shares of tech companies after a steep sell-off in the US equity markets last month. Despite the last week’s intense dip, the tech-based Nasdaq 100 (NDX) is just 3% below its all-time high. Many traders, especially retail traders, have fought to buy back into call […]
The US equity markets traded lower on Thursday, as losses in the Healthcare, Technology, and Telecommunications sectors weighed heavily on markets. By the close of the market yesterday, the Nasdaq 100 (NDX) dropped by 0.72%, while the S&P 500 dropped by 0.15%, and the Dow Jones (DJIA) declined by 0.07%. With the 2020 Presidential Election […]
Wall Street equities saw significant growth yesterday, with the technology and financial sectors leading the rally, as investors await big bank earnings this week. JP Morgan, Citigroup, Bank of America, Goldman Sachs, and Wells Fargo are the major names headlining the Q3 report releases this week. Based on a report by Factset, earnings expectations over […]
The US equity markets had a bullish session yesterday with the Nasdaq 100 (NDX) growing by 0.42%, the S&P 500 (SPX) by 0.80%, and the Dow (DJIA) by 0.43%. The risk-on mood was triggered by the developments surrounding the November 3 Presidential Elections. Recent polls from the US show that Democratic Presidential candidate Joe Biden […]
The US stock index futures traded in a subdued manner on Tuesday as investors carted away profits from the rally that sent the Nasdaq 100 (NDX) to a fresh weekly high. The rally also sent the S&P 500 (SPX) and Dow (DJIA) to fresh 2-week highs, as the markets waited on a fiscal stimulus agreement. […]
