- Wall Street was broadly higher yesterday, and it was tech stocks which took the lead with the Nasdaq 100 rising 3.7%.
- 94 of its 100 stocks advanced, the top seven of which rose over 12% and the top three over 39%.
- Pinduoduo (56.1%) was the top performer, followed by JD.com (39.4%) and Baidu (39.2%).
- China’s promise to “substantially” boost economic growth yesterday played a large part in their success and they promptly followed Chinese indices higher.
In today’s video we catch up on the Nasdaq 100 index on the weekly and daily charts, and take a closer look at various trading volume metrics to build a case for a swing low.
Nasdaq 100 trading guide
How to trade with FOREX.com
Follow these easy steps to start trading with FOREX.com today:
- Open a Forex.com account, or log in if you’re already a customer.
- Search for the pair you want to trade in our award-winning platform.
- Choose your position and size, and your stop and limit levels.
- Place the trade.
Latest market news
Today 11:59 AM
Yesterday 11:06 PM
Yesterday 01:00 PM
November 30, 2024 12:00 PM