Nasdaq 100, Dow and Nikkei 225 push higher
Indices are higher this morning after last night’s Fed rate decision and tech earnings, but the ECB decision and Apple figures lie ahead.
Nasdaq 100 rises after tech earnings
The Nasdaq 100 index has continued to shrug off the volatility from Monday and managed to hold its ground yesterday in the wake of the Federal Reserve (Fed) decision and earnings from Meta, Tesla and Microsoft.
Early trading on Thursday has seen the index make some gains, but with Apple’s earnings tonight upside may be limited. Continued gains target the high from last Thursday around 21,900, and then on to the record high from December.
Dow higher after Fed and earnings
The Dow Jones finds itself holding just below 45,000, after its brief dip and recovery on Monday.
This has left the upward move intact, but some hesitation may be seen around Apple’s results tonight. A close above 45,000 puts the index at a new record high.
Nikkei 225 claws back gains
The Nikkei 225 index has continued to claw its way higher from Monday’s slump, though it has been unable to recover the 40,000 level.
Since Tuesday it has edged higher, halting the selling for the time being, with 39,000 and then Monday’s low of 38,659 providing support. Further gains target 40,000 and then 40,500.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
Take a position on indices
Deal on the world’s major stock indices today.
- Trade the lowest Wall Street spreads on the market
- 1-point spread on the FTSE 100 and Germany 40
- The only provider to offer 24-hour pricing
Live prices on most popular markets
- Forex
- Shares
- Indices
