Nasdaq 100

S&P 500 and Nasdaq rise ahead of Fed meeting; shares of Super Micro Computer plunge, while Broadcom surges

The S&P 500 and the Nasdaq Composite rose on Monday as investors waited for the outcome of the US Federal Reserve’s two-day meeting later this week.  At the time of writing, the S&P 500 index was 0.4% higher, and the Nasdaq Composite was...

Bitcoin surges to $106K, up 50% since US election: will the rally last?

Bitcoin’s meteoric rise has captured global attention as it surged past $106,000, marking an unprecedented 50% gain since the US election earlier this month. The cryptocurrency market has been electrified by speculation that President-elect Don...

Dow, S&P 500 slip as investors assess hot producer price index; Adobe plunges, while Riot Platform jumps

Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for November.  At the time of writing, the Dow Jones Industrial Average was down 0.2%, and the Nasdaq Composite was also 0.2% low...

Dow and S&P 500 flat as markets await US inflation data; Alaska Air Group shares jump, while NVIDIA and Oracle slip

US equity averages were little changed on Tuesday as investors waited for the release of inflation data and further economic cues later this week.  At the time of writing, the Dow Jones Industrial Average was steady at 44,427.70 points, while th...

Nasdaq and S&P 500 hit record highs on Salesforce, Marvell gains

US equity benchmarks rose on Wednesday led by gains in technology shares such as Salesforce and Marvell Technology.  At the time of writing, the Dow Jones Industrial Average was up 0.6%, while the S&P 500 gained 0.3%. The Nasdaq Composite ro...

Markets edge down as US jobs report looms; US Steel drops, Credo Technology surges

US equity majors fell slightly on Tuesday after the S&P 500 and the Nasdaq hit record highs in the previous session.  Investors will be focusing on key US labour data, scheduled to be released later this week, and also monitoring comments fr...

Nasdaq hits record high as Intel, Tesla and Super Micro Computers surge; investors eye Trump tariff, Fed policy

The Nasdaq Composite index rose to a record high on Monday, boosted by gains in Intel, Super Micro Computers and Tesla. At the time of writing, the Nasdaq Composite index was nearly 1% higher, while the S&P 500 index rose 0.2%. The Dow Jones Indu...

Tesla’s 33% November surge drives tech rally, lifting dow, S&P 500, and Nasdaq

Wall Street’s major averages rose on Friday at the start of a shortened trading day.  At the time of writing, the Dow Jones Industrial Average was up 0.3%, while the S&P 500 index added 0.2%. The Nasdaq Composite index was up 0.1% from the p...

S&P 500 and Nasdaq extend losses as markets assess US PCE data; HP, Dell slide while Urban Outfitters surges

The S&P 500 and the Nasdaq Composite extended losses on Wednesday as investors digested an in-line inflation report.  The personal consumption expenditure index (PCE) rose in October but was above the US Federal Reserve’s preferred inflation...

S&P, Nasdaq climb while Dow dips amid Trump tariff concerns; Amgen, Kohl’s shares tumble

The S&P 500 and Nasdaq Composite rose on Tuesday, while Dow Jones slipped as investors assessed the threat of new tariffs from President-elect Donald Trump.  The S&P 500 index rose 0.2%, while the Nasdaq Composite climbed more than 0.5%....

Here’s why Nasdaq 100 index ETF like QQQ could drop soon

The Nasdaq 100 index jumped to a record high this year, helped by the ongoing artificial intelligence wave and the Federal Reserve interest rate cuts. It soared to a high of $21,185 this month, bringing the year-to-date gains to 22.50%. This article...

Dow Jones, S&P 500 rise on strong US manufacturing data; Gap jumps 15%, while Alphabet and NVIDIA slide

US equity benchmarks rose on Friday as investors’ sentiments were boosted by positive economic data from the world’s biggest economy.  At the time of writing, the Dow Jones Industrial Average rose 0.8%, while the S&P 500 index gained 0.3%. T...

ProShares TQQQ ETF is about to explode higher if this happens

The ProShares UltraPro QQQ (TQQQ) ETF has performed well over the years, beating the Nasdaq 100 index by far. Data shows that the fund’s total return in the past five years stood at 327% compared to the Nasdaq 100’s 157%.  The same trend has hap...

Dow, S&P 500 slip as Russia-Ukraine tensions spook market; Walmart hits new high, Super Micro soars

Wall Street major averages slipped on Tuesday as increasing geopolitical tensions spooked traders.  At the time of writing, the Dow Jones Industrial Average dipped 0.9%, while the S&P 500 index fell 0.5. The Nasdaq Composite lost 0.2% on Tue...

US stocks fall as post-election momentum begins to fade; Disney and Tapestry shares surge

US stocks fell on Thursday as investors sought to regain the postelection momentum that had previously driven major indexes to record highs. The Dow Jones Industrial Average dropped 165 points, or 0.3%. The S&P 500 declined by 0.4%, and the Nasda...

Dow and S&P 500 extend gains after Fed rate cut; Tesla hits $1T, chip stocks slip

US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday.  The US Fed cut interest rates by 25 basis points on Thursday, and Chair Jerome Powell hinted at further easing of monetary p...

Long US100: anticipating further gains amid strong uptrend, key resistance break, and fed rate outlook

Long USTEC: bullish reversal expected from 18,800 Support, Targeting 20000 and beyond

US stocks tumble amid weak economic data: What went wrong?

The stock market is crashing and its not because of the overvalued tech sector . Economic data points to an increased probability of recession, and its killing the markets.

Nasdaq is testing a key support level, which stocks hold the key?

Nasdaq futures are testing a key one year support level. It will be interesting to see if the levels hold as big tech prepares to announce earnings this week.