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Category: Economic Data

Nasdaq 100 falls 1%, tests 50-day moving average support: Tech stocks in upheaval on Monday – Microsoft (NASDAQ:MSFT), Broadcom (NASDAQ:AVGO)

The week started badly for the Nasdaq 100, losing 1%, erasing gains from last Friday when the index rose following the Fed chief’s announcement. Jerome PowellDuring his highly anticipated speech in Jackson Hole, he hinted at a possible interest rate…

Dow Jones briefly hits record highs, tech stocks fall, chipmakers tumble, while oil prices soar on geopolitical risks: What’s driving markets Monday? – SPDR Dow Jones Industrial Average ETF (ARCA:DIA)

It is a mixed start to the week on Wall Street, with technology stocks Nasdaq 100 And S&P 500 indiceswhile blue-chip stocks in Dow Jones Industrial Average hit new all-time highs during the morning session in New York as traders…

Nasdaq 100 posts best 6-day gain since late 2022 as traders ride bull market wave: Tech stocks on the move Thursday – Cisco Systems (NASDAQ:CSCO), Kraft Heinz (NASDAQ:KHC)

The technology-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 QQQclosed 2.5% higher on Thursday, marking its sixth consecutive positive session and a strong recovery after the index entered a correction zone due to the sell-off earlier in…