- Old Dominion registers a gain of 2.64% on the day, on par with Honeywell, which presents a profit of 2.62%, daily.
- The Nasdaq 100 presents a balanced session with few participants and little volume.
The Nasdaq 100 started the European session by recording a daily low of 18,467, finding buyers that took the index to a daily high of 18,701 during the American session. Currently, the Nasdaq 100 is trading at 18,698, gaining 0.45% on the day.
Old Dominion and Honeywell post gains on low volume day
Engineering services provider Honeywell is trading at $207.60, gaining 2.51% today. Old Dominion is trading at $173.65, with a daily profit of 2.55%. Investors remain patient before the economic data that will be released later in the week, among which the ADP Employment Report and Non-Farm Payrolls stand out.
Technical levels on the Nasdaq 100
The Nasdaq 100 has reacted at the closest support located at 18,520 in confluence with the 50% Fibonacci retracement. The second support is at 18,285, in convergence with the 78.6% Fibonacci retracement. We see the closest resistance at 18.945, the maximum reached on May 23.
Nasdaq 100 4-hour chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
