US Tech 100 Mini (Nasdaq 100 E-mini) CFD Trading*

The Nasdaq 100 index (NDX) is one of the leading stock market indices that reflects global market sentiment. Interested? Start trading US Tech 100 Mini CFDs with FXOpen today.

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US Tech 100 Mini (Nasdaq 100 E-mini) Live Charts

Use our US Tech 100 Mini (NDXm) chart to get the most up-to-date insight into the recent performance of the Nasdaq 100 index. It can help you make informed decisions at home or on the go – no matter if you use the TickTrader desktop platform, web terminal, or mobile app. Our real-time chart includes the very latest prices, historical data, and technical analysis tools to help guide your next trade.

What Is US Tech 100 Mini (Nasdaq 100 E-mini) CFD Trading?

US Tech 100 Mini (Nasdaq 100 E-mini) CFD trading involves the buying and selling of Contracts for Difference (CFDs) based on the Nasdaq 100 E-mini futures (NDXm). The Nasdaq 100 E-mini futures represent a subset of the larger Nasdaq 100 index. The Nasdaq 100 reflects the performance of 100 large and well-known non-financial companies listed on the Nasdaq stock exchange.

CFDs are financial derivatives that allow traders to speculate on the price movements of various underlying assets, including stock indices, without owning stocks.

FXOpen offers immediate trade execution and spreads from 0.0 pips, which makes index trading even more attractive. Additionally, you can trade numerous forex pairs, commodities, and shares via CFDs.

Historical Price Performance of Nasdaq 100

Here are the most significant historical price movements of the NDX price:

The Nasdaq 100 saw significant growth during the late 1990s, driven by the technology and dot-com boom. Trading near 2,000 at the beginning of 1999, it skyrocketed above 4,000 in 2000. Soon, the bubble burst, and the index plunged below 1,000 in 2002.

From 2003, the price was recovering, as the Nasdaq 100 took advantage of the growth of technology companies and the emergence of new internet-related businesses.

However, during the global financial crisis (2007-2008), the Nasdaq 100, like other major indices, experienced a sharp decline, losing around 1,000 points, but managed to rebound in the years that followed.

Throughout the 2010s, the NDX stock index enjoyed a sustained rally, driven by the performance of technology giants like Apple, Amazon, Microsoft, Alphabet (Google), and Facebook (Meta Platforms). These companies played a significant role in pushing the index to new record highs.

Until 2022, the index moved in a solid uptrend despite the COVID-19 pandemic. In early 2020, the Nasdaq 100, like many other indices, experienced a sharp decline, but it rebounded relatively quickly, driven in part by the accelerated adoption of technology services during the pandemic.

Global economic instability and enormous interest rates in the US and other countries negatively affected the index in 2022. However, in 2023, NDX recovered and started forming a new uptrend.

Major Factors That Affect the Nasdaq 100 Index

The index is influenced by the following factors:

The Nasdaq 100 is heavily weighted toward technology companies. Therefore, the performance of major tech firms, such as Apple, Amazon, Microsoft, Alphabet (Google), and Meta Platforms (formerly Facebook), has a significant impact on the index. Earnings reports, product launches, and innovations in the tech sector can drive the index higher or lower.

US economic data, such as GDP growth, employment figures, consumer spending, and interest rates set by the Federal Reserve, can influence the NDXm price. Positive economic indicators often boost investor confidence and drive stock prices higher. Lower interest rates tend to encourage investment in equities, while higher rates may lead to a shift toward fixed-income assets.

Geopolitical events, trade tensions, and international conflicts can impact the Nasdaq 100. Trade negotiations, tariffs, and political instability in key regions can lead to increased market volatility.

Changes in government regulations, particularly in the tech sector, can impact Nasdaq 100 companies. For example, antitrust investigations, data privacy regulations, and changes in intellectual property laws can influence stock prices.

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* US Tech 100 Mini is the FXOpen version of Nasdaq 100 E-mini futures.