Technology stocks are shining again on Wall Street. This time, the index rise is less concentrated by the GAFAs, a situation that is still valid today, but no longer by the majority of the components. Over the month of October, the Nasdaq100 shows an increase of 3.8%, helped by a general relaxation on all households at risk on the planet
The main contributors to this upward trend are Align Technology (39%) and Tesla (30%). For both cases, the quarterly reports were above consensus. On the other hand, not all trajectories form positive figures, some stigmatizing strong disappointments, such as Hasbro ( 17%).
Graphically, in daily data, prices have just scored a new historical high of 8120 points. The index therefore operates in an unknown area after crossing the 8,000 points.