The Nasdaq 100 closes with marginal gains animated by Regeneron Pharmaceuticals and Booking Holdings

  • The Nasdaq 100 rises 0.04%, currently quoting about 19,543.
  • Booking Holdings (BKNG) titles advance 3.87% today, reaching maximum of February 26.
  • Regeneron Pharmaceuticals (REGN) shares rebound 5.25% on Wednesday, operating at the time of writing about 598.76 $.

The Nasdaq 100 established a daily minimum on 19,006, finding buyers who took the index to a maximum of the day in 19,582. At the time of writing, the Nasdaq 100 operates in 19,543, winning 0.04 in the day.

Booking Holdings and Regeneron Pharmaceuticals keep Nasdaq 100 on positive terrain

Regeneron Pharmaceuticals (REGN) values ​​rise 5.25% on Wednesday, reaching a maximum of the day at $ 600.20 after making their quarterly report known.

REGN obtained revenues for 3.03 billion dollars today compared to the 3.25 billion dollars planned by the market, as well as an action of $ 8.22, below the 8,622 scheduled by analysts.

On the other hand, Booking Holdings (BKNG) shares rebound 3.87% today, reaching maximums not seen since February 26 on 5,116.14 $.

BKNG got income 4.76 billion dollars to the estimated 4.6 billion dollars, obtaining a profit per $ 24.81 compared to $ 17,337.

In this scenario, Nasdaq 100 rises 8 points daily, up 0.04%, consolidating within the previous session range at 19,543.

Technical levels at Nasdaq 100

The Nasdaq 100 established a short -term support given by the minimum of April 21 at 17,602. The following key support is at 16,347 minimum of April 7. To the north, the important resistance is in 19,226, pivot point of April 9.

NASDAQ 100 DAILY GRAPH

NASDAQ FAQS

The Nasdaq is an American stock exchange that began being an electronic value quoter. At first, the Nasdaq only offered quotes of extraburstile values ​​(OTC), but later also became a bag. In 1991, Nasdaq had grown up to 46% of the entire US stock market. In 1998, it became the first US stock exchange to offer online negotiation. The Nasdaq also prepares several indexes, the most complete of which is the Nasdaq Composite, which represents the more than 2,500 Nasdaq values, and the Nasdaq 100.

The Nasdaq 100 is a large capitalization index composed of 100 non -financial companies of the Nasdaq stock exchange. Although it only includes a fraction of the thousands of Nasdaq values, it explains more than 90% of the movement. The influence of each company in the index is weighted based on stock capitalization. The Nasdaq 100 includes companies that are very focused on technology, although it also encompasses companies from other sectors and outside the United States. The annual average profitability of Nasdaq 100 has been 17.23% since 1986.

There are several ways to operate with the Nasdaq 100. Most of the Stred Betting Retail Corridors and Platforms offer bets through contracts by difference (CFD). For long -term investors, quoted funds (ETF) operate as shares that mimic the movement of the index without the investor having to buy the 100 companies that compose it. An example of ETF is the investment QQQ Trust (QQQ). Nasdaq 100 futures contracts allow specular to the future evolution of the index. The options provide the right, but not the obligation, to buy or sell the NASDAQ 100 at a specific price (exercise price) in the future.

There are many factors that promote Nasdaq 100, but mainly it is the aggregate performance of the companies that compose it, revealed in their reports of quarterly and annual results. American and world macroeconomic data also contribute, since they influence investors’ confidence, which is positive drives profits. The level of interest rates, set by the Federal Reserve (FED), also influences Nasdaq 100, since it affects the cost of credit, which many companies depend largely. Therefore, the level of inflation can also be an important factor, as well as other parameters that influence the decisions of the Federal Reserve.

Source: Fx Street

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