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MarketScreener Homepage  >  Indexes  >  Nasdaq  >  NASDAQ 100    NDX

NASDAQ 100

(NDX)
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Crossing the 8000 point wall

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Mid-term Analysis published on 10/30/2019 | 10:28am

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.


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