Nasdaq faces potential wipeout of post-Fed gains as oil climbs and rate hike bets rise
The Nasdaq risks erasing all post-FOMC gains as rising oil prices and rate-hike bets weigh on sentiment.
The Nasdaq risks erasing all post-FOMC gains as rising oil prices and rate-hike bets weigh on sentiment.
Nasdaq futures trader identifies key support and resistance zones near 30,900-30,935 and 30,380-30,420, with nearby support at 30,640-30,675.
Equities have held up despite 10-year yields approaching 5%, supported by AI enthusiasm and lower oil. However, further yield increases could test this…
Nasdaq Composite and Nasdaq 100 hit record closes as Iran diplomacy hopes weighed on crude, while Dow fell and S&P 500 was flat.
The Nasdaq Composite hit a record close, rising 2.26%, driven by Meta's surge and gains in chip stocks.
European stocks close higher, yields fall; US tech leads gains; oil tumbles, Bitcoin rebounds.
Nasdaq Composite and Nasdaq 100 break key resistance, targeting record highs. Buyers hold control as long as support zones hold.
Vanguard's VOX ETF raised its SpaceX stake by 85.2% to 1,170,398 shares, potentially reaching 20% of the fund's portfolio.
The Nasdaq Composite fell below its 100-day MA but rebounded on hourly moving average support. The index remains below a key resistance zone.
Wall Street surged, led by the Nasdaq, as falling Treasury yields boosted technology shares and semiconductors.
CoreWeave stock has dropped 32% since joining the Nasdaq 100, with insiders selling over $600M while debt and depreciation weigh on profits.
Nasdaq indices bounced from support but face resistance at moving averages. The 100-hour and 200-hour MAs are key.
Tom Lee calls the Dow's 631-point drop a buying opportunity, citing easing inflation, while a strategist urges caution.
Major US indices rebounded Tuesday after holding key supports, but each faces overhead resistance that must be cleared.
S&P 500 and Nasdaq slip to test support; traders watch for bounce or breakdown.