The Nasdaq 100 (NDX) grew by 1.9% at the start of this week in a continuation of Friday’s surge, as the index sought to end its 4-week-old retrace. The rally this week was broad-based, with the usual suspects like Apple (NASDAQ: APPL) and Microsoft (NASDAQ: MSFT) topping the charts. The financial and energy sectors were […]
Q3 is not turning out fine for the equity markets as many had expected. After what could be described as one of the sharpest bull runs over the past six months, American equities have come under serious selling pressure in September. While there’s high optimism over a possible vaccine by the end of the year, […]
The Nasdaq 100 (NDX) index traded on a mixed tone through Monday and closed higher with 0.4%. The markets found some relief yesterday following President Trump’s decision to halt the ban on Chinese social media apps WeChat and TikTok. However, traders are monitoring developments on the TikTok-Oracle deal to get clearer insights into the state […]
The Nasdaq 100 (NDX) climbed higher on Friday following a two-day sell-off in tech-related stocks, as worries over the ever-increasing number of Coronavirus cases and downtrodden expectations of economic recovery continue to weigh heavily on the S&P 500(SPX) and the Dow futures (DJIA). Wall Street’s top-three indexes rose earlier this week as investors anticipated a […]
The Nasdaq 100 (NDX) futures have experienced a slight retrace in the early Asian session on Tuesday, after rising by about 1.8% on Monday. This came on the back of an announcement by the CEO of Pfizer (NYSE: PFE), Albert Bourla, that a COVID-19 vaccine could be available for deployment to the public by the […]
After three consecutive sessions of intense selling, the Nasdaq 100 (NDX) seemed to finally get a breather in yesterday’s session. However, that didn’t seem to last long. The bounce witnessed yesterday cut across the S&P 500, global equities, high-yield fixed incomes, commodities, and several other industries. That said, investors are wary about the current September […]
Given the absence of significant economic data, fresh comments from President Donald Trump on the US breaking off reliance on China could cause serious problems for the Nasdaq 100 (NDX), as the Federal Reserve’s monetary policy meeting for September approaches. However, with the incoming US Presidential election, many expected this to be a possibility given […]
The Nasdaq 100 (NDX), Dow Jones (DJIA), and the S&P 500 (SPX) saw significant declines in yesterday’s trading session. Despite being ahead of the pack since the mid-March boom, tech stocks recorded the most losses yesterday, steering the NDX into a strong bearish retracement. Some analysts have commented that the tech industry has been in […]
The US stock markets traded on a mixed sentiment yesterday as the Nasdaq 100 (NDX) continued to scale higher hurdles while the Dow Industrials (DJIA) dragged behind. Many sectors in the S&P 500 index (SPX) traded lower, with the energy sector leading in losses while healthcare rose with the trend. However, the SPX has rounded […]
