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.
Nasdaq 100 daily chart
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.
Dow Jones daily chart
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.
Nikkei 225 daily chart
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