The Nasdaq 100 loses almost 800 points in the middle of an intense commercial war

  • The Nasdaq 100 falls 4.16% daily, currently quoting in 18,335.
  • Microchip incorporated (MCHP) titles collapse 14.23% today, operating when writing about 38.50 $.
  • The actions of Marvell Technology (MRVL) sink 13.27% on Thursday, consolidating within the operational range of the previous session.
  • The White House ratified 145% tariffs to goods from China.

The Nasdaq 100 established a maximum of the day in 19,146, finding aggressive vendors that dragged the technological index to a daily minimum in 17,786. At the time of writing, Nasdaq 100 operates over 18,335, losing 4.16% in the day.

Marvel Technology and Microchip incorporate the Nasdaq 100 to the loss zone after the tariff climbing to China

Microchip Incorporated (MCHP) shares have a daily drop of 14.23% on Thursday, consolidating within the operational range of Wednesday’s session at $ 38.81. MCHP slides strongly after having rebounded 27.05% in the previous day, reflecting volatility in financial markets.

In the same tonic, Marvel Technology (MRVL) titles collapse 13.27% today, staying within the range on April 9 at 52.87 $. This fall is after the increase of 21.85% in the price of its registered action yesterday.

The Nasdaq 100 loses 796 points on Thursday, operating at the moment over 18,335, in the middle of a commercial war that has intensified when confirming a 145% rate to products from China by the administration led by Donald Trump.

According to the last executive order signed by Donald Trump, the effective tariff rate for all products imported from China is established at 145%. On the other hand, the president of the United States suspended reciprocal tariffs for 90 days to countries that did not execute rates in retaliation, reducing commercial tensions in the short term.

Technical levels at Nasdaq 100

The Nasdaq 100 established a short -term support given by the minimum of April 7 in 16,347. To the north, the closest resistance is observed in 20,304, maximum of March 25. The next key 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

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