Market Reaction - Nasdaq
- Mickey Perry
- Mar 17
- 1 min read
Markets this morning are showing signs of slight stabilization, with UK markets experiencing a modest but broad-based uptick.
FTSE100
The FTSE100 is currently sitting at -2.59% from its March peak.
Nasdaq100
The Nasdaq has also shown some stabilization since March 11, though it remains 12% below its mid-February highs. At present, it is trading within a range of 19,200 to 19,634. It will be interesting to see whether it can break through this upper resistance level. However, given the prevailing uncertainty surrounding tariffs, the situation in Ukraine, and US inflation rates, I don’t have a strong view on its short-term direction.
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