Wall Street traded haphazardly on Monday as volatility took full control of the market amid declining risk appetite, most likely as a result of the announcement of renewed lockdown restrictions across the country. However, the Nasdaq 100 (NDX) managed to stay upbeat despite the current weakness surrounding the tech sector. The index’s upbeat performance yesterday […]
The Nasdaq 100 (NDX) crashed by about 2.1% in the early hours on Thursday, as US lawmakers continued to draw out conclusive US stimulus talks and a hitch-free rollout of Coronavirus vaccines across the globe prompted investors to cash out their profits in the tech sector. The Dow Jones (DJIA) and the S&P 500 (SPX) […]
The Nasdaq 100 (NDX) continued on its bullish trajectory from last week on Tuesday, as investors’ focus remains fixated on the approval of a much-needed stimulus package soon. A recent joint statement released by House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer indicates that the Democrats are ready to lower their stimulus package […]
Wall Street had a positive session on Thursday, with the Nasdaq 100 (NDX) and S&P 500 (SPX) recording new all-time highs. However, the bull rally was cut short following a report of distribution problems with Pfizer’s (NYSE: PFE) COVID-19 vaccine. The Nasdaq 100 booked a new ATH around 12,539 yesterday before reclining to the 12,450 […]
The Nasdaq 100 (NDX) has rounded off November on a positive note, after the month up by more than 11%. This surge was mainly stimulated by the recently-concluded US Presidential election and the discovery of potential COVID-19 vaccines. These themes were the major dominating fundamental factors through November, as hopes for things to go back […]
Wall Street traded on a mixed sentiment on Wednesday as the Thanksgiving Holiday in the US drew near. Yesterday was Thanksgiving in the US, and markets across the country were closed. Most sectors under the S&P 500 (SPX) traded lower on Wednesday, with Energy stocks and Consumer Stables leading the decline. The Nasdaq 100 (NDX) […]
The Nasdaq 100 (NDX) has lost its title as the most consistent price gainer in the equity space, following a displacement of volatility and a rotation in sectoral demand. The tech-heavy index has climbed by about 7% in its month-to-date standings. However, the Dow Jones (DJIA) and the small-cap Russell 2000 index have grown by […]
US equity indexes closed higher on Thursday, as investors’ market confidence got revitalized following mentions of Washington lawmakers coming back together to pass a Coronavirus fiscal stimulus package to ease the pandemic-induced economic crisis. The Nasdaq 100 (NDX) rose by 90.72 points or (0.76)and closed at 11985.43, while the Dow Jones (DJIA) and S&P 500 […]
The Nasdaq 100 (NDX) traded on a positive note through Monday and is likely to resume its bullish journey in the North American session on Tuesday. The index has started this week on a very positive footing, as market participants expect a replay of last week’s bull run in yet another COVID-19 vaccine-related development. The […]
