- The Nasdaq 100 loses 0.37% on the second day of the week, operating when writing about 21,370.
- Copart titles (CPRT) lose 2.85% today, reaching minimums not seen since May 12 in 61.42 $.
- Airbnb (ABNB) values decrease 3.27% today, currently quoting at $ 132.13.
The Nasdaq 100 established a maximum of the day in 21,436, attracting aggressive vendors that took the index to a minimum of the day in 21,228. Currently, the Nasdaq 100 is quoted at 21,370 falling 0.37% in the day.
Airbnb and Copart drag Nasdaq 100 to a negative field
Airbnb (ABNB) shares decreased 3.27% daily, reaching May 12 at $ 131.39, signing its second consecutive day down.
In the same tune, the Copart titles (CPRT) fall 2.85% in the day, visiting minimal not seen since May 12 in $ 61.42. CPRT will announce its profit report on May 22, where it is expected to obtain 1.23 billion dollars in revenue and an action of $ 0.417.
In this scenario, Nasdaq 100 ends Tuesday’s session with a loss of 0.37%, backing 78 points, oscillating within the operating range of May 19 in 21,370.
Technical levels at Nasdaq 100
The Nasdaq 100 formed a short -term support given by the minimum of April 30 at 19.006, in convergence with the 50% fibonacci decline. The following important support is in 16,347, a pivot point of April 7. To the north, the key resistance is at 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.
