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 […]
The Nasdaq 100 (NDX) was torn between bullish and bearish following Fed Chair Jerome Powell’s remarks at yesterday’s Jackson Hole Symposium. The equities market wasn’t alone in this volatility rush as gold (XAU/USD), the US Treasuries, and the US dollar (DXY) all whipsawed after the speech. The Federal Reserve’s decision to switch their inflation policy […]
The US stock market closed with a bang on Monday with many new record highs as investors’ risk appetite got bolstered following the Food and Drug Administration’s emergency approval of a Coronavirus treatment. The Nasdaq 100 (NDX) gained 0.61% after rising by 71.01 points to close around 11626.17. The Nasdaq Composite (^IXIC) also gained about […]
The US stock market has been overwhelmingly strong since its pandemic-induced crash back in March. No event after that has had the power to keep the Nasdaq 100 (NDX) or the Nasdaq Composite (^IXIC) down for long. Many traders thought the modest decline seen on Wednesday was the long-overdue correction coming into play. But that […]
The Nasdaq 100 (NDX) climbed higher on Monday with the Dow Jones (DJIA) and S&P 500 (SPX) not far behind. The three major US indices have all recorded outstanding rallies in the past few weeks, however, it appears as though the momentum is starting to slow down as the impending market risk tone might diminish […]
The stock market in the US traded on a mixed sentiment on Thursday, as the Nasdaq 100 (NDX) soared while the S&P 500 (SPX) drooped. This occurred even as Apple (NASDAQ: AAPL) hit a record all-time high. Both Apple and Tesla (NASDAQ: TSLA) stock prices witnessed huge gains on the news that the companies were […]
