Nasdaq 100 Update: Tesla Earnings and Inflation Fears Jockey for Price Control
2021-04-26 20:35:00
Peter Hanks,
Strategist
Nasdaq 100 Price Outlook:
The Nasdaq 100 will await earnings from its largest components later this week as it aims higher
Inflationary fears have spread across corporate calls which may serve as a headwind for the Nasdaq 100 in the weeks ahead
Nasdaq 100 Update: Tesla Earnings and Inflation Fears Jockey for Price Control
The Nasdaq 100 closed Monday trade at a new all-time high ahead of a week packed with event risk. Comprised largely of technology stocks, the Nasdaq 100 awaits quarterly reports from many of its major components. Microsoft, Apple, Google, Amazon, AMD and Twitter are just some of the names set to report in the coming days, with none other than Tesla kicking off the super-week Monday afternoon. After all is said and done Friday evening, more than 34% of the S&P 500 will have released their quarterly results.