Nasdaq

Nasdaq futures are wobbling after the Fed’s hawkish cut, but 21340 is holding firm—for now. Will this level anchor a rebound, or are deeper losses lurking just below?

Wall Street indices are just not on the same page at the moment, with the Nasdaq hitting a record high, while the S&P 500 trading sideways and the Dow chalks up its worst daily bearish streak in 12 years. And that's not good for the ASX.

USDJPY, Dow, Nasdaq Analysis: With forecasts pointing to an uptick in US inflation rates and overbought conditions in US indices, a critical wave of volatility is anticipated ahead of the holidays.

U.S. stocks are set for a muted opening as investors digest the latest jobs data and prepare for tomorrow's nonfarm payroll report. Yesterday, the S&P 500, the NASDAQ 100, and the Dow Jones booked record closing highs thanks to a surging technology sector and after Federal Reserve chair Jerome Powell highlighted the strength of the US economy.

U.S. stocks are pushing higher, with the NASDAQ 100 and the S&P 500 adding to yesterday’s record-high close ahead of comments from Federal Reserve Chair Jerome Powell. Investors are brushing off geopolitical risks, and attention is on a slew of US economic data; ADP payrolls were weaker than forecast, and ISM services PMI, as well as factory orders, are due to be released shortly. The data, along with Fed Chair Powell could give further insight into the future path for rates.

U.S. stocks are heading for a modestly strong start to December after posting solid gains in the previous month. The mood is cautiously upbeat as traders return from the extended Thanksgiving weekend break, despite more trade tariifs threats from Trump over the weekend. This week is a busy week for economic data, with Friday's NFP a kay focus ahead of the December Fed meeting.

Despite the current gains, a correction may be necessary before the market can sustain a significant upward trajectory, but so far, the technical Nasdaq 100 analysis is still bullish and we haven’t seen a reversal stick.

EURUSD, Nasdaq Forecast: Eurozone inflation data is in focus as EURUSD hovers near two-year lows. Meanwhile, irregular market volatility surrounding Thanksgiving, Christmas, and New Year is poised to dominate headlines, alongside key US economic data and Federal Reserve rate expectations in early December.

EURUSD and Nasdaq Outlook: As the DXY edges closer to breaking 2023 highs, bearish risks loom large for EURUSD. Meanwhile, NVDIA earnings are boosting long-term bullish potential for the Nasdaq following the Trump rally.

U.S. stocks are set to open modestly higher after another record quarter for Nvidia as jobless claims fall and geopolitical tensions mount. Nvidia beat estimates for the top and bottom lines in another impressive showing. However, gains are limited owing to disappointment surrounding the revenue growth forecast, which is set to be the slowest in seven quarters. Meanwhile, jobless claims fell to 213k from 217k, and the Russian-Ukrainian conflict ramps up.

US stock indices are edging cautiously higher amid a quiet economic calendar and with attention on corporate earnings. Nvidia is set to report earnings after the close as the share price trades 200% higher YTD and will act as guidance over the health of the AI trade. Geopolitical tensions have calmed and Fed speakers could offer more clues on the Fed's path for rates.