Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Rotation again helps tech and the Nasdaq 100 outperform the Dow Jones
Despite the fall in the Dow Jones following the quite impressive beat on the service sector ISM report, the Nasdaq 100 has defied that move and it is still very much in the green. That comes against the backdrop of a Dow Jones that has now fallen back below 38,600 following that data. Us yields are on the rebound now too and so is the dollar, but that has not yet dented the demand for tech stocks. So, once again we have clearly defined rotation in play in terms of the relative price action between the Dow Jones and the Nasdaq. The Nasdaq 100 is currently trading at 18,790
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
