The Nasdaq 100 closes with slight losses dragged by Nvidia Corporation and The Kraft Heinz Company

  • The Nasdaq 100 loses 0.03% daily, when staying within the range of Friday’s session at 19,417.
  • Nvidia Corporation (NVDA) shares decrease 2.05% today, ending the day at 108.73 $.
  • The actions of The Kraft Heinz Company (KHC) lose 2.31% in the day, reaching April 16 at 28.71 $.

The Nasdaq 100 established a maximum of the day in 19,514, finding vendors that dragged the index to a minimum daily in 19,158. Currently, Nasdaq 100 operates over 19,417, losing marginally at 0.03% on the first day of the week.

The Kraft Heinz Company Nvidia Corporation keep Nasdaq 100 on negative terrain

Nvidia titles go back to 2.05% daily, consolidating in the operational range of the previous session at 108.73 $, ending with a streak of four consecutive days upward.

In the same tune, the shares of The Kraft Heinz Company (KHC) lose 2.31% in the day, reaching minimal not seen since April 16 at 28.71%, prior to the publication of their profit report.

KHC will announce its quarterly report tomorrow, where it is expected to obtain income for 6.02 billion dollars and a gain per share of $ 0.602.

In this scenario, the Nasdaq 100 loses 6 points today, consolidating in the range of Friday’s session at 19,417.

Technical levels at Nasdaq 100

The Nasdaq 100 established a short -term support given by the minimum of April 21 at 17,602. The following important support is at 16,347 minimum of April 7. To the north, the closest resistance is in 19,226, pivot point of April 9.

NASDAQ 100 DAILY GRAPH

NASDAQ FAQS

The Nasdaq is an American stock exchange that began being an electronic value quoter. At first, the Nasdaq only offered quotes of extraburstile values ​​(OTC), but later also became a bag. In 1991, Nasdaq had grown up to 46% of the entire US stock market. In 1998, it became the first US stock exchange to offer online negotiation. The Nasdaq also prepares several indexes, the most complete of which is the Nasdaq Composite, which represents the more than 2,500 Nasdaq values, and the Nasdaq 100.

The Nasdaq 100 is a large capitalization index composed of 100 non -financial companies of the Nasdaq stock exchange. Although it only includes a fraction of the thousands of Nasdaq values, it explains more than 90% of the movement. The influence of each company in the index is weighted based on stock capitalization. The Nasdaq 100 includes companies that are very focused on technology, although it also encompasses companies from other sectors and outside the United States. The annual average profitability of Nasdaq 100 has been 17.23% since 1986.

There are several ways to operate with the Nasdaq 100. Most of the Stred Betting Retail Corridors and Platforms offer bets through contracts by difference (CFD). For long -term investors, quoted funds (ETF) operate as shares that mimic the movement of the index without the investor having to buy the 100 companies that compose it. An example of ETF is the investment QQQ Trust (QQQ). Nasdaq 100 futures contracts allow specular to the future evolution of the index. The options provide the right, but not the obligation, to buy or sell the NASDAQ 100 at a specific price (exercise price) in the future.

There are many factors that promote Nasdaq 100, but mainly it is the aggregate performance of the companies that compose it, revealed in their reports of quarterly and annual results. American and world macroeconomic data also contribute, since they influence investors’ confidence, which is positive drives profits. The level of interest rates, set by the Federal Reserve (FED), also influences Nasdaq 100, since it affects the cost of credit, which many companies depend largely. Therefore, the level of inflation can also be an important factor, as well as other parameters that influence the decisions of the Federal Reserve.

Source: Fx Street

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