Dow and Nasdaq 100 wobble on tariff headlines and Nikkei 225 pushes higher
Indices remain strong as Trump assumes office, with hints of a tariff move causing a brief overnight drop in US markets.
Dow at one-month high
The Dow Jones gains have continued for this index which touched its highest level since mid-December yesterday.
Some overnight weakness was seen when US president Trump mentioned tariffs on Mexico and Canada, but buyers have already stepped in at the lows Continued gains target the 45,000 highs from early December.
A close back below 43,000 might signal that more weakness is ahead.
Nasdaq 100 holding steady
It is a similar picture here, though the Nasdaq 100 index has still to clear the early January high at 21,600.
Beyond this lies the late December high around 21,800, and then on to the 22,100 high. Overall the uptrend is still in place, though the recent run of lower lows since mid-December has put some pressure on the bullish view.
Nikkei 225 makes gains
A strong session on Monday has helped the Nikkei 225 index to push higher once more from 38,000.
Continued gains target 40,000 once more, and then the late December high at 40,430. While the index has been unable to make sustained progress in recent weeks, the lows of December and January have met with fresh buying helping to prevent a bearish view taking hold.
This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa 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. See full non-independent research disclaimer and quarterly summary.
Take a position on indices
Deal on the world’s major stock indices today.
- 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
Prices above are subject to our website terms and agreements. Prices are indicative only
