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NASDAQ-100 ($NDX) Index Forecast: Down 1.1% Today

Morpher AI identified a bearish signal. The index price may continue to fall based on the momentum of the negative news.

What is NASDAQ-100?

The NDX index represents the Nasdaq 100, which includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange. The Nasdaq 100 is heavily weighted towards the technology sector, with companies like Apple, Microsoft, and Amazon included in its composition.

Why is NASDAQ-100 going down?

NDX index is down 1.1% on Jan 29, 2026 14:43

  • The bearish movement in the NDX index today could be attributed to a combination of factors:
  • Investors awaiting the Federal Reserve's interest rate decision and Jerome Powell's speech may have caused uncertainty and led to profit-taking in the tech-heavy Nasdaq 100.
  • The overall market sentiment, with mixed performance in stock futures and concerns about geopolitical tensions and tariff announcements, could have contributed to the bearish movement.
  • Profit-taking concerns or skepticism about valuations in the biotech sector, as seen with a firm liquidating its stake in the iShares Biotechnology ETF, may have spilled over to other tech-related stocks in the Nasdaq 100.
  • The focus on mega-cap earnings and the anticipation of market volatility despite a resilient economy could have also influenced the bearish sentiment in the Nasdaq 100.

NDX Price Chart

NDX Technical Analysis

NDX News

Stock Market Today: Dow Jones, Nasdaq Futures Gain As Investors Await Fed Decision, Jerome Powell's Speech—Starbucks, Seagate, Tesla In Focus

U.S. stock futures rose on Wednesday as markets await the Federal Reserve's interest rate decision and Chair Jerome Powell's press conference. The Fed is expected to leave rates unchanged with 97.2% probability. Key movers include Seagate jumping 10% on strong earnings, Packaging Corp falling 2% on weak results, while Starbucks, Microsoft, and Tesla prepare to report earnings. Analysts forecast a resilient 2026 economy driven by productivity gains and AI adoption, with large-cap growth stocks favored despite expected market volatility.

https://www.benzinga.com/markets/equities/26/01/50182018/stock-market-today-dow-jones-nasdaq-futures-gain-as-investors-await-fed-decision-jerome-powells-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

0 News Article Image Stock Market Today: Dow Jones, Nasdaq Futures Gain As Investors Await Fed Decision, Jerome Powell's Speech—Starbucks, Seagate, Tesla In Focus

This Wealth Manager Just Dumped Its Entire $3.5 Million Stake in the iShares Biotech ETF

Rye Brook Capital LLC completely liquidated its $3.5 million position in the iShares Biotechnology ETF (IBB), selling 24,270 shares. The complete exit signals a decisive shift in the firm's biotech allocation, potentially reflecting profit-taking concerns after the sector's strong 28% rally over the past year driven by M&A activity, or skepticism about current valuations.

https://www.fool.com/coverage/filings/2026/01/27/this-wealth-manager-just-dumped-its-entire-usd3-5-million-stake-in-the-ishares-biotech-etf/?source=iedfolrf0000001

1 News Article Image This Wealth Manager Just Dumped Its Entire $3.5 Million Stake in the iShares Biotech ETF

Stock Market Today: Dow Futures Slip, S&P 500 Gains Amid Trump's Fresh Tariffs On South Korea— General Motors, UnitedHealth, Cloudflare In Focus

U.S. stock futures showed mixed performance on Tuesday as President Trump announced fresh tariffs against South Korea. The S&P 500 and Nasdaq gained slightly while the Dow slipped. Key movers included UnitedHealth and Humana declining on healthcare policy concerns, Cloudflare surging on AI excitement, and Nucor falling after missing earnings estimates. The Federal Reserve begins its policy meeting with markets expecting rates to remain unchanged.

https://www.benzinga.com/markets/equities/26/01/50149100/stock-market-today-dow-futures-slip-sp-500-gains-amid-trumps-fresh-tariffs-on-south-korea-genera?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

2 News Article Image Stock Market Today: Dow Futures Slip, S&P 500 Gains Amid Trump's Fresh Tariffs On South Korea— General Motors, UnitedHealth, Cloudflare In Focus

Stock Market Today: Dow Futures Gain, S&P 500 Slips As Investors Brace For Mega-Cap Earnings— Brand Engagement, Nucor In Focus (UPDATED)

U.S. stock futures declined on Monday as investors await mega-cap earnings from tech giants and other major companies. The market is also bracing for the Federal Reserve's interest rate decision on Wednesday, with markets pricing in a 97.2% likelihood of unchanged rates. Key movers include Baker Hughes (up on strong Q4 results), Sarepta Therapeutics (up on trial completion), and Brand Engagement Network (surging 221% on strategic partnership announcement). Analyst Mohamed El-Erian highlights the '2025 Paradox' of resilient markets amid geopolitical tensions.

https://www.benzinga.com/markets/equities/26/01/50120802/stock-market-today-dow-jones-sp-500-futures-slip-as-investors-brace-for-mega-cap-earnings-brand-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

3 News Article Image Stock Market Today: Dow Futures Gain, S&P 500 Slips As Investors Brace For Mega-Cap Earnings— Brand Engagement, Nucor In Focus (UPDATED)

Stock Market Today: S&P 500, Dow Jones, Nasdaq 100 Futures Decline After 2 Consecutive Days Of Gains—Intel, CSX In Focus

U.S. stock futures declined slightly on Friday after two consecutive days of gains, following President Trump's withdrawal of tariffs against the EU and better-than-expected Q3 GDP figures at 4.4%. Key movers include Intel down 12% on weak guidance, Capital One down 3.31% on earnings miss, CSX up 2.99% despite missing estimates, and Revelation Biosciences surging 38% on FDA approval pathway for its drug Gemini.

https://www.benzinga.com/markets/market-summary/26/01/50090375/stock-market-today-sp-500-dow-jones-nasdaq-100-futures-decline-after-2-consecutive-days-of?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

4 News Article Image Stock Market Today: S&P 500, Dow Jones, Nasdaq 100 Futures Decline After 2 Consecutive Days Of Gains—Intel, CSX In Focus

NASDAQ-100 Price History

09.00.2026 - NDX Index was up 0.9%

  • The NDX displayed a bullish trend today, influenced by market positivity driven by the forthcoming Q4 earnings season and expectations of robust performance, particularly within the tech sector.
  • Investor confidence in the technology-laden Nasdaq-100 index is evident through the impressive historical returns of the Invesco QQQ ETF, showcasing the enduring growth potential of tech stocks.
  • The surge in tech sector growth due to AI demand and the anticipations of strong earnings results in key tech companies likely contributed to the bullish momentum in the NDX.
  • While there were declines in other sectors and companies, the prevailing optimistic market sentiment and high anticipations for tech earnings propelled the Nasdaq-100 index to a robust bullish trend today.

02.00.2026 - NDX Index was up 0.2%

  • The Nasdaq-100 index (NDX) saw a significant bullish movement recently.
  • Baidu saw a 12.2% increase following news of a spinoff, bolstering positivity in the technology field.
  • Invesco QQQ Trust was highlighted as a top growth ETF for investment, contributing to the growing investor confidence in tech and growth stocks.
  • Previous tariff announcements by President Trump led to market volatility, but a subsequent market rebound showcased investor resilience and optimism.

14.00.2026 - NDX Index was down 1.5%

  • The bearish movement in the NDX today can be attributed to:
  • Investors' concerns over a potential Supreme Court ruling on Trump's tariff authority, leading to uncertainty and market volatility.
  • Rising inflation, as indicated by the Consumer Price Index, which may prompt fears of interest rate hikes by the Federal Reserve.
  • Tech stocks, particularly those in the NDX, experiencing a valuation reset as investors rotate towards defensive value investments amid uncertainty about future rate cuts.
  • Criticism and concerns raised by economists and former Fed Chairs regarding threats to the independence of the Federal Reserve, creating additional uncertainty in the market.

13.00.2026 - NDX Index was down 0.3%

  • Today's bearish movement in the NDX can be explained by:
  • Declining U.S. stock futures prior to the release of December CPI data, signaling market uncertainty and caution.
  • A cautionary note from Moody's Chief Economist concerning President Trump's housing stimulus plan potentially causing price spikes, leading to worries about inflation and economic stability.
  • Growing tensions between the DOJ and Federal Reserve regarding Chair Powell's congressional testimony, creating market uncertainty and negative sentiment.
  • The bearish trend in the Nasdaq 100 index today is likely a result of a combination of economic data releases, housing market concerns, and institutional conflicts.

29.00.2026 - NDX Index was down 1.1%

  • The bearish movement in the NDX index today could be attributed to a combination of factors:
  • Investors awaiting the Federal Reserve's interest rate decision and Jerome Powell's speech may have caused uncertainty and led to profit-taking in the tech-heavy Nasdaq 100.
  • The overall market sentiment, with mixed performance in stock futures and concerns about geopolitical tensions and tariff announcements, could have contributed to the bearish movement.
  • Profit-taking concerns or skepticism about valuations in the biotech sector, as seen with a firm liquidating its stake in the iShares Biotechnology ETF, may have spilled over to other tech-related stocks in the Nasdaq 100.
  • The focus on mega-cap earnings and the anticipation of market volatility despite a resilient economy could have also influenced the bearish sentiment in the Nasdaq 100.

08.00.2026 - NDX Index was down 0.9%

  • The NDX experienced a strong bearish movement today.
  • The market movement could be attributed to a combination of factors:
  • Investors awaiting the Supreme Court ruling on tariffs and December jobs reports, leading to uncertainty and cautious trading behavior.
  • Disappointing trial data from Immuneering and a stock offering announcement from Phathom may have negatively impacted market sentiment, particularly within the biotech sector.
  • The underperformance of the JPMorgan Nasdaq Equity Premium Income ETF due to positions in Chipotle and Warner Bros. Discovery could have contributed to the overall bearish sentiment towards tech stocks in the Nasdaq-100 Index.
  • While the Vanguard Growth ETF (VUG) was recommended as an attractive investment opportunity, the market may have reacted more strongly to the negative news and uncertainties, overshadowing the positive outlook for growth stocks in the long term.

21.00.2026 - NDX Index was down 0.1%

  • The NDX witnessed a notable bearish movement today, aligning with the general market trend of a sharp selloff spurred by extreme positioning and unwinding of crowded trades.
  • President Trump's strong tariff threats towards Europe and the Greenland dispute have unsettled global markets, adding to the prevailing negative sentiment.
  • While individual stocks such as GameStop saw an increase following CEO Cohen's stock purchase and United Airlines surged on a positive forecast, the overall market sentiment remains bearish, necessitating the reclaiming of key support levels for a potential relief rebound.
  • The attention on Trump's Davos address and the expectation of a Federal Reserve policy shift indicate that market participants are closely monitoring geopolitical and macroeconomic developments for probable market effects.

12.00.2026 - NDX Index was up 0.1%

  • Today's upward movement in the NDX can be attributed to various factors:
  • Strong performances from notable components like Alibaba and Tempus AI, propelled by important milestones and robust financial results respectively.
  • Positive market outlook on investments related to artificial intelligence, exemplified by the VanEck Semiconductor ETF (SMH) presenting a profitable avenue to capitalize on AI through semiconductor firms.
  • Expectations for the forthcoming Q4 earnings season, with a predicted uptick in the tech sector, especially fueled by the demand for AI.
  • Overall market sentiment lifted by gains in U.S. stock futures, with investors looking forward to pivotal economic data like the December jobs report and the Supreme Court's decision on Trump's tariffs.

06.00.2026 - NDX Index was up 0.5%

  • Today, the NDX index showed bullish movement, influenced by positive market sentiment linked to geopolitical changes and robust performances in major tech stocks.
  • The market rally received support from developments in Venezuela, including the removal of President Maduro and a subsequent U.S. strike, impacting crude oil prices and bolstering investor confidence.
  • Encouraging advances in specific tech firms like CoreWeave, Vistra, and Microchip Technology also played a role in the bullish trend, driven by partnerships, acquisitions, and better-than-anticipated guidance.
  • The endorsement of the Invesco QQQ Trust ETF as a prime growth investment option added to the positivity surrounding the tech sector, emphasizing the potential for ongoing expansion and strong profits in AI-focused enterprises.

22.00.2026 - NDX Index was up 0.8%

  • The NDX index experienced a bullish surge as a result of President Trump's decision to reduce EU tariff threats, causing a broader market rally.
  • Positive updates from companies including Moderna, Micron Technology, and Intel played a role in the index's gains, with advancements in cancer therapy trials, AI-driven chip demand, and upcoming earnings contributing to the positive momentum.
  • The 'TACO Trade' strategy, which speculates on Trump abandoning tariff threats, was supported by the market's positive reaction to the removal of tariffs on European allies.
  • In essence, the movement in the market indicates that investor confidence was bolstered by the reduction of trade tensions and favorable advancements in critical tech sectors, propelling the NDX index upwards.

23.00.2026 - NDX Index was up 0.5%

  • Today's upward movement in the NDX was influenced by President Trump's decision to retract tariffs against the EU, reducing trade uncertainties and bolstering investor confidence.
  • Positive Q3 GDP numbers at 4.4% also played a role in the market's positive trajectory, indicating robust economic growth.
  • Despite Intel's cautious outlook and CSX falling short of expectations, both companies contributed to the index's rise, underscoring the resilience of the technology and transportation sectors.
  • The sharp increase in Revelation Biosciences following FDA approval progress for its drug Gemini further boosted market sentiment, emphasizing the significance of regulatory green lights in the healthcare industry.

16.00.2026 - NDX Index was down 0.9%

  • The bearish movement in the Nasdaq 100 index could be attributed to the overall market sentiment as investors may be taking profits after recent gains.
  • Positive earnings reports from chip stocks like Taiwan Semiconductor and strong performances from financial companies like Goldman Sachs and Morgan Stanley might have led to sector rotation, causing a sell-off in tech stocks.
  • The uncertainty surrounding tariff policies and Supreme Court rulings on trade issues could have added to the bearish pressure on the index.
  • The focus on hyper-growth stocks and space industry plays may have diverted attention away from traditional tech stocks, contributing to the downward trend in the Nasdaq 100 index.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.