AI-mania is still powering the likes of the S&P 500 and Nasdaq 100 to never-seen-before levels. Tomorrow's US jobs report should determine even greater heights, or a pullback, are warranted before the weekend.
This Week: Big Tech earnings set to influence NAS100
If the likes of Tesla, Meta, Microsoft, and Alphabet add to the doom and gloom, citing a challenging road ahead for future earnings, that could bring the NAS100 stock index closer to a technical correction.
Yesterday's technical pullback had been coming. But with this stock index recovering at the time of writing, bulls are hoping for seasonal factors, namely a "Santa Rally" and the annual gains that typically accompany a US Presidential Election year, to push the NQ100_m beyond 17,000!
AI-mania is still powering the likes of the S&P 500 and Nasdaq 100 to never-seen-before levels. Tomorrow's US jobs report should determine even greate...
S&P 500
Nasdaq 100
indices
Federal Reserve
NFP
US jobs report
If the likes of Tesla, Meta, Microsoft, and Alphabet add to the doom and gloom, citing a challenging road ahead for future earnings, that could bring ...
Yesterday's technical pullback had been coming. But with this stock index recovering at the time of writing, bulls are hoping for seasonal factors, na...
NQ100m
Nasdaq 100
indices
Federal Reserve
artificial intelligence
Election
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