4H Chart: Consolidation phase, Daily Structure: Strong Bullish Candle; trading above 20 SMA
The Nasdaq rose 0.45% to a record high on Monday, driven by strong gains in Nvidia and Broadcom. The Dow Jones added 0.25%, while the S&P 500 advanced 0.21%.
Weak August jobs data reinforced expectations of a September Fed rate cut, with markets even pricing in the possibility of a 50 bps reduction.
On the corporate side, Fox fell 3% on Murdoch family news, while Dell slipped 1.2% following the resignation of its CFO.
Recent News
US Tech 100 Testing Crucial Support Amid...
April 21, 2025
Market Insights
Nasdaq 100 Faces Bearish Pressure Near 2...
September 01, 2025
Market Insights
Gold Surges Past $3,000 Amid Geopolitica...
March 18, 2025
Market Insights
GOLD Profit Booking?
February 15, 2025
Market Insights
DOW JONES FACES STRONG SELL OFF AFTER DO...
April 04, 2025
Market Insights
NASDAQ US TECH 100 IF BREAKS BULLISH FLA...
April 01, 2025
Market Insights
