- The Nasdaq 100 rises 0.42% in the day, reaching maximum of May 5 in 19,963.
- CDW Corporation shares (CDW) shoot 7.05% reaching maximums of March 3.
- Verisk Analytics (VRSK) titles earn 4.62% today, establishing a new historical maximum at $ 312.62.
- The Fed kept interest ranks in a range between 4.25% and 4.50%.
- The president of the Federal Reserve, Jerome Powell, stressed that the appropriate position of the Central Bank is to wait due to the current uncertainty.
The Nasdaq 100 reacted upward from May 2 at 19,597, finding aggressive buyers that promoted the maximum index of May 5 in 19,963. At the time of writing, the Nasdaq 100 is quoted about 19,862, winning 0.41% today.
CDW Corporation and Verisk Analytics exceed expectations in their quarterly reports
CDW Corporation titles (CDW) have a gain of 7.05% on Wednesday, reaching maximums not seen since March 3 at $ 177.28 after making their profit report known.
CDW obtained income for 5.2 billion dollars compared to the 4.94 billion dollars expected by the consensus of analysts, as well as an action of $ 2.15, compared to the $ 1,963 planned by the market.
In the same tune the shares of Verisk Analytics (VRSK) rebound 4.62% daily, establishing a new historical maximum at $ 312.62.
VRSK published quarterly report today, obtaining income for 753 million dollars, exceeding 749.82 million expected dollars. Similarly, it obtained a profit per share of $ 1.73, above the scheduled $ 1,683.
On the other hand, the Federal Reserve did not modify its interest rates, remaining in a range between 4.25% and 4.50%. The president of the Fed, Jerome Powell stressed that the position of waiting is the ideal due to the high uncertainty.
In this context, the Nasdaq 100 wins 80 points on Wednesday, rising 0.42%, visiting May 5 in 19,963.
Technical levels at Nasdaq 100
The Nasdaq 100 formed a short -term support given by the minimum of April 21 at 17,602. The following important support is at 16,347 minimum of April 7. Upwards, the important resistance is located at 22,241, pivot point of February 18.
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
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
