dropped 51 basis points, while the Nasdaq 100 declined by over 1%. Despite these losses, the market saw more gainers than decliners, with 289 stocks in the S&P 500 rising compared to 211 falling, a trend that has persisted for months.It left the Nasdaq 100 pretty much just above a support level of around 18,650. So one could imagine that if the USD/JPY should break that 152 level, the NASDAQ could potentially break that 18,650 level which opens a door to 17,540.
That was 9 months ago? It isn’t like the economic outlook dramatically improved, or like the Fed has even cut rates.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Has the Stock Market Pushed Itself as Far as It Can Go?Stocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, iShares Russell 2000 ETF. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
Stocks’ Near-Vertical Climb Raises Blow-Off Top Concerns: Time to Take Profits?Stocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Intel Corporation, SPDR® S&P 500. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
S&P 500, Nasdaq 100 Ripe for a Healthy Correction After Reaching Overbought LevelsStocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, VanEck Semiconductor ETF, Wingstop Inc. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
2 Major Reversal Patterns S&P 500 Bulls Will Look to Avoid This WeekStocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, NVIDIA Corporation, VanEck Semiconductor ETF. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »