NAS100Nasdaq 100
29,125.2
-1.54%
SUPPORT:2868728162
RESISTANCE:2956330089
Past
What happened
Nasdaq 100 sold off 1.54% to 29,125 as AI bellwethers — NVDA -4.4%, TSLA -4.8% — got hit by 'borderline mania' Wall Street headlines coinciding with the worst day for long-duration tech in a month.
Why
Why it matters
The AI-supercycle trade is the most rate-sensitive in the market, and the 10Y at 4.59% is the level where multiple compression starts mattering even with strong earnings. Bubble talk is now the dominant frame.
Watch
What to watch
29,000 is the trend-line of the year-to-date rally; below opens 28,500. NVDA's late-May earnings remain the single biggest catalyst. A reclaim of 29,600 says 'just a pullback.'
HEADLINES