Nasdaq 100 Analysis: Index Hits All-Time High
As the chart shows, today the Nasdaq 100 index (US Tech 100 mini on FXOpen) has, for the first time in history, climbed above the 24,500 level.
According to media reports, bullish sentiment was driven by the long-awaited Fed decision to cut interest rates for the first time in 2025.
Although the Fed also indicated it would remain cautious about further cuts, the easing acted as a bullish catalyst for the entire stock market – European equities also advanced today, with technology companies leading the way.
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