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Dow Jones suffers again as the Nasdaq 100 sets new records

As reported on here yesterday, it was once again positive tech rotation that delivered new records for the Nasdaq 100, at the same time as sending the Dow Jones to another lower close- a fifth straight day of losses for the Dow. Meantime, the Nasdaq 100 was lifted by gains in several of the usual suspects. Broadcom and Tesla were at the top of that list, with the likes of Alphabet and CrowdStrike also in the mix. NVIDIA was not far behind them too. So, the Nasdaq reached a new record high, at 21,784 and it did not close much below that record. The index set a new all time record close, at 21,763. The futures are a little lower this morning though and that is because the Dow Jones future is under pressure again ahead of the European opening. So, the Nasdaq 100 is currently priced to reopen later on, at around 21,730 
 

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