NAS100Nasdaq 100
29,120.5
-1.55%
SUPPORT:2890528474
RESISTANCE:2933629766
Past
What happened
Nasdaq 100 fell 1.55% to 29,120 as the duration trade got hit twice — hot PPI pushing 10s to 4.56%, plus profit-taking in mega-cap tech after the Trump-Xi summit photo-op rally faded.
Why
Why it matters
AI capex story is intact (Nebius +684% revenue print, MSFT doubling down) but valuations are 'most expensive since dot-com' per Yahoo — so any yield shock hits hardest here.
Watch
What to watch
NVDA earnings are the single biggest event for the index — a clean beat-and-raise can override macro for a day. 28,700 holds the uptrend; lose it and 28,000 is open.
HEADLINES
- Dow back above 50,000, US stocks hit new records on AI rallyYahoo Finance Video
- After a Breakout Quarter, Rocket Lab Is Starting To Look Like an Interesting SpaceX Rival24/7 Wall St.
- Nasdaq set for cautious open after record-breaking Thursday as inflation and geopolitics weighProactive
- International Value Stocks Crush S&P With 40% ReturnGuruFocus.com
- Amazon Rallies 36% as AI Push Drives Market Value Toward $3 TrillionGuruFocus.com