- The Nasdaq 100 advances 0.57% in the day, reaching maximums of February 26 in 21,336.
- Arm Holdings (ARM) titles rebound 5.34% today, reaching maximum of February 27 at $ 134.97.
- Advanced Micro Devices (AMD) values earn 4.68% on Wednesday, reaching maximums not seen since January 24 at $ 122.52.
The Nasdaq 100 marked a minimum of the day in 21,159, attracting aggressive buyers who promoted the maximum index of February 26 in 21,336. At the time of writing, the Nasdaq 100 is quoted at 21,311, winning 0.57% daily.
Advanced Micro Devices and ARM Holdings drive Nasdaq 100 to profit zone
Advanced Micro Devices (AMD) shares have a profit of 4.68% on Wednesday, currently operating about $ 117.72, signing its sixth consecutive day upwards.
The AMD Board of Directors approved a sharing repurchase program for an amount of 6,000 million dollars, promoting the price of its maximums not seen since January 24 in 122 52 $.
In the same tune, the titles of Arm Holdings (ARM) rise 5.34% today, visiting maximum of February 27 at $ 128.81, spinning three consecutive days with profits.
In this sense, the Nasdaq 100 advances 121 points daily, winning 0.57% on Wednesday, maintaining the short -term bullish perspective.
Technical levels at Nasdaq 100
The Nasdaq 100 established a short -term support given by the minimum of April 30 in 19.006. The following key support is found in 16,347, pivot point of April 7. To the north, the closest resistance is located in 22,241, maximum 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.
