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NASDAQ-100 ($NDX) Index Forecast: Down 0.3% 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, or Nasdaq-100 Index, includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market. Today, the NDX experienced a strong bearish movement.

Why is NASDAQ-100 going down?

NDX index is down 0.3% on Oct 30, 2025 20:46

  • An interest rate cut of 0.25% by the Federal Reserve caused market uncertainty, leading to a bearish trend in the NDX.
  • The comparison between the Vanguard 500 Index Fund ETF (VOO) and the Invesco QQQ Trust (QQQ) highlighted diversification and concentration differences in technology stocks, potentially impacting investor sentiment towards tech-heavy indices like the NDX.
  • McElhenny Sheffield Capital Management's increased position in QQQ may have contributed to selling pressure on tech stocks within the NDX.
  • Amplius Wealth Advisors' sale of a significant amount of QQQ shares, despite maintaining a bullish outlook on tech, might have influenced the downward movement of the NDX.

NDX Price Chart

NDX Technical Analysis

NDX News

Trump Loyalist Stephen Miran's 'Utterly Incoherent Case For Rate Cuts' Convinces 'No-One,' Says Economist After His Dissent

The Federal Reserve cut interest rates by 0.25%, with internal dissent from Governor Stephen Miran who wanted a larger 0.5% cut. Economist Justin Wolfers criticized Miran's stance, and markets reacted nervously to the uncertainty around future rate cuts.

https://www.benzinga.com/markets/economic-data/25/10/48524312/trump-loyalist-stephen-mirans-utterly-incoherent-case-for-rate-cuts-convinces-no-one-says-e?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

0 News Article Image Trump Loyalist Stephen Miran's 'Utterly Incoherent Case For Rate Cuts' Convinces 'No-One,' Says Economist After His Dissent

The Vanguard 500 Index Fund ETF (VOO) Offers Broader Diversification Than the Invesco QQQ Trust, Series 1 ETF (QQQ)

The Vanguard 500 Index Fund ETF (VOO) offers broader market diversification with lower expenses compared to the Invesco QQQ Trust (QQQ), which is more heavily concentrated in technology stocks. While QQQ has outperformed recently due to tech sector gains, VOO provides a more balanced investment approach.

https://www.fool.com/coverage/etfs/2025/10/28/voo-offers-broader-diversification-than-qqq/?source=iedfolrf0000001

1 News Article Image The Vanguard 500 Index Fund ETF (VOO) Offers Broader Diversification Than the Invesco QQQ Trust, Series 1 ETF (QQQ)

Investment Manager Expands QQQ Position, According to Latest SEC Filing

McElhenny Sheffield Capital Management purchased 7,685 shares of Invesco QQQ Trust, valued at $4.40 million, increasing its position to 96,167 shares worth $57.74 million, representing 13.68% of its assets under management.

https://www.fool.com/coverage/filings/2025/10/28/investment-manager-expands-qqq-position-according-to-latest-sec-filing/?source=iedfolrf0000001

2 News Article Image Investment Manager Expands QQQ Position, According to Latest SEC Filing

The Nasdaq-100 vs. the "Magnificent Seven": What's the Better Investment Today?

The article compares investing in the Magnificent Seven tech stocks versus the broader Nasdaq-100 index, highlighting performance, diversification, and potential future growth strategies for investors.

https://www.fool.com/investing/2025/10/27/the-nasdaq-100-vs-the-magnificent-seven-whats-the/?source=iedfolrf0000001

3 News Article Image The Nasdaq-100 vs. the "Magnificent Seven": What's the Better Investment Today?

This Fund Dumped $15.7 Million in QQQ Shares — But Here's Why It's Likely Still Bullish on Tech

Amplius Wealth Advisors sold 27,345 shares of Invesco QQQ Trust for $15.7 million in Q3, reducing its position but still maintaining significant tech exposure through its flagship ETF.

https://www.fool.com/coverage/filings/2025/10/27/amplius-dumps-27k-qqq-shares-in-157-million-sale/?source=iedfolrf0000001

4 News Article Image This Fund Dumped $15.7 Million in QQQ Shares — But Here's Why It's Likely Still Bullish on Tech

NASDAQ-100 Price History

18.08.2025 - NDX Index was up 0.4%

  • The NDX had a substantial bullish movement attributed to the recent interest rate cut by the Federal Reserve.
  • Tech stocks, which are prominent in the NDX, saw a surge following the rate cut announcement and hints of potential future easing by Fed Chair Powell.
  • Previous trends indicating significant returns during a Fed easing period likely bolstered investor confidence in tech stocks within the NDX.
  • President Trump's advocacy for a significant rate reduction, along with strategic moves by institutional investors before the Federal Reserve meeting, could have contributed to the positive market sentiment driving the bullish movement in the NDX today.

08.09.2025 - NDX Index was down 0.1%

  • Comments challenging the impact of tariffs on inflation may have caused uncertainty in the market, leading to a bearish sentiment as investors reevaluate the potential economic implications.
  • An optimistic outlook on the U.S. economy and the mention of AI investments and a dovish Federal Reserve could have provided some support, but the overall sentiment from other sources may have outweighed this positive outlook.
  • The ADP Employment report showing job losses, especially in small and medium businesses, along with recession concerns raised by economists, likely contributed to the bearish movement as investors become more cautious about the economic outlook.
  • The ongoing government shutdown could also be adding to the negative sentiment, creating further uncertainty and impacting market confidence, leading to the bearish movement in the NDX index.

10.09.2025 - NDX Index was down 0.6%

  • The bearish movement in the NDX today can be attributed to the cooling labor market as indicated by job losses in September and rising unemployment claims. This has led to market expectations of a Federal Reserve rate cut in October, causing investors to react negatively.
  • Federal Reserve Governor Stephen Miran's comments downplaying the impact of tariffs on inflation may have added to the bearish sentiment, as it suggests a potential divergence in views on the state of the economy and monetary policy.
  • Despite the government shutdown and economic uncertainties, Tom Lee's optimism about the U.S. economy and the "most hated V-shaped rally" may not have been enough to offset the prevailing concerns in the market, contributing to the downward movement in the NDX.

24.08.2025 - NDX Index was down 1.2%

  • Comments from Federal Reserve Chair Jerome Powell on stock valuations and the comparison to the dot-com crash era likely added to investor worries and selling pressure on tech stocks, leading to a decline in the NDX.
  • Despite Tom Lee's response to Powell's remarks offering some comfort to investors, overall market sentiment remained cautious, contributing to the downward trend in the NDX.
  • The Federal Reserve's decision to lower interest rates and hint at potential future easing measures, particularly in light of weakening labor market conditions, may have initially uplifted tech stocks. However, concerns over market valuation prevailed, leading to the NDX's bearish performance.

07.09.2025 - NDX Index was down 0.2%

  • The bearish movement in the NDX index today could be attributed to:
  • Concerns over a potential recession as indicated by the ADP Employment report showing job losses, leading to investor sentiment turning cautious.
  • The Warren Buffett Indicator hitting high levels, signaling market overvaluation, which might have prompted profit-taking and selling pressure.
  • Despite Tom Lee's optimism, the ongoing government shutdown and recession fears could have overshadowed the positive outlook, causing a sell-off in tech stocks.

15.09.2025 - NDX Index was down 1.0%

  • The bearish movement in the NDX index could be linked to the continuing economic effects of previous tariffs, with concerns that AI investment might be masking the true extent of the impact on the economy.
  • The Federal Reserve's significant reduction in Treasury holdings via quantitative tightening may have raised worries about long-term market stability, contributing to the bearish mood in the market.
  • President Trump's recent threat of trade retaliation against China, particularly focusing on soybean imports, likely increased market volatility and added to the bearish movement in the NDX index.
  • The announcement of additional 100% tariffs on Chinese imports by President Trump might have heightened market concerns, resulting in significant declines in stocks and cryptocurrencies, including those tracked by the NDX index.

03.09.2025 - NDX Index was down 0.5%

  • The bearish movement in the NDX index today can be attributed to:
  • The unexpected job losses reported in the ADP Employment report, particularly driven by small and medium businesses, raising concerns about economic slowdown and potential recession.
  • The Warren Buffett Indicator signaling market overvaluation, leading to investor caution and profit-taking in tech stocks.
  • Despite futures climbing and gold soaring, the looming government shutdown and potential 'data blackout' could be creating uncertainty and impacting investor sentiment in the tech-heavy NDX index.

17.08.2025 - NDX Index was down 0.1%

  • The bearish movement in the NDX index today can be attributed to:
  • Expectations of a rate cut by the Federal Reserve, as signaled by the high probability of a 25 basis points cut. This anticipation might have raised concerns about the overall economic outlook.
  • Institutional investors adopting a cautious stance ahead of the FOMC meeting, focusing on defensive stocks. This cautious positioning could have contributed to the selling pressure on tech stocks within the Nasdaq-100.
  • Debate around inflation rates and the potential impact on interest rate decisions could have added uncertainty to the market, leading to a bearish sentiment among investors.

01.09.2025 - NDX Index was down 0.7%

  • The bearish movement in the NDX index today could be attributed to profit-taking after a period of strong growth in technology and AI-driven companies.
  • Investors may be reacting to concerns raised by Federal Reserve Chair Jerome Powell about the valuation of the stock market, leading to a sell-off in tech-heavy indices like NDX.
  • The potential government shutdown and the resulting 'data blackout' mentioned by economists could be adding to the uncertainty in the market, prompting investors to move away from riskier assets like tech stocks, thus contributing to the bearish movement in the NDX index today.

01.09.2025 - NDX Index was up 0.2%

  • The indicator surpassing 217% suggests potential market overvaluation, but the excitement around AI and mega-cap stocks may have fueled investor optimism, contributing to the bullish movement of the NDX.
  • The focus on growth ETFs that capitalize on the AI trend aligns with the market movement, as investors seek exposure to technology and AI-driven companies, potentially driving up the index.
  • Despite concerns about a government shutdown, investors brushed off the looming threat, leading to a rise in stock market futures. This resilience in the face of uncertainty could have further boosted the bullish sentiment in the market, including the NDX index.

29.07.2025 - NDX Index was down 0.8%

  • The bearish movement in the NDX index today could be attributed to profit-taking after a period of strong performance, especially in high-growth tech stocks like Nvidia, Microsoft, and Apple.
  • Investors might be reacting to the significant risks associated with the heavy concentration of technology stocks in the Invesco QQQ Trust, which tracks the Nasdaq-100 index, leading to a sell-off.
  • Concerns about political interference in the Federal Reserve, as highlighted by Senator Elizabeth Warren's criticism of President Trump's dismissal of Federal Reserve Governor Lisa Cook, could be adding to market uncertainty and contributing to the bearish sentiment.
  • In a volatile market environment with the S&P 500 at all-time highs driven by tech stocks, investors may be seeking safer bets like the Schwab US Dividend Equity ETF, which offers a more conservative investment approach with lower valuation and attractive dividend yield, potentially diverting funds away from high-growth tech stocks and impacting the NDX index negatively.

30.09.2025 - NDX Index was down 0.3%

  • An interest rate cut of 0.25% by the Federal Reserve caused market uncertainty, leading to a bearish trend in the NDX.
  • The comparison between the Vanguard 500 Index Fund ETF (VOO) and the Invesco QQQ Trust (QQQ) highlighted diversification and concentration differences in technology stocks, potentially impacting investor sentiment towards tech-heavy indices like the NDX.
  • McElhenny Sheffield Capital Management's increased position in QQQ may have contributed to selling pressure on tech stocks within the NDX.
  • Amplius Wealth Advisors' sale of a significant amount of QQQ shares, despite maintaining a bullish outlook on tech, might have influenced the downward movement of the NDX.
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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.