Read more
9:33 AM · 3 February 2023

Chart of the day - US100 (03.02.2023)

-
-
Open account Download free app

US indices, especially tech sector indices, had a solid run over the past few weeks. Nasdaq-100 (US100) gained around 20% between January 6 and February 2, 2023. However, this rally may have come to an end yesterday evening. Earnings releases from Apple, Amazon and Alphabet. All three companies dropped in the after-hours trading, following a rather disappointing earnings release. This has led to a massive reversal on US100 with the index dropping around 2.5% off yesterday's highs. Index pulled back and tested the upper limit of a recently broken upward channel today. The first test turned out to be a failed one and now an attempt to launch a recovery move can be observed. The index could become more volatile around 1:30 pm GMT when US NFP report for January is released. If it shows a weakish growth, it could be seen as a potential reason for Fed to become more dovish and, in turn, indices may benefit. Wage growth will also be on watch with lower readings being rather equity positive. Should the index resume slide and drop below the aforementioned limit of the channel, the next support to watch will be the lower limit of local market geometry in the 12,492 pts area.

Source: xStation5

16 January 2026, 7:14 PM

Daily summary: Banks and tech drag indices up 🏭US industry stays strong

16 January 2026, 5:13 PM

Three Markets to Watch Next Week (16.01.2026)

16 January 2026, 2:57 PM

US OPEN: Bank and fund earnings support valuations.

16 January 2026, 1:02 PM

MIDDAY WRAP: Capital flows into European technology stocks 💸🔎

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits