Nasdaq 100 overview
The Nasdaq 100 (often quoted as “US Tech 100” on CFD platforms) tracks the 100 largest non-financial stocks on the NASDAQ exchange. It is heavily weighted to technology — Apple, Microsoft, NVIDIA, Amazon, Meta, Alphabet, and Tesla together represent roughly 45% of the index by market cap.
Compared to the broader S&P 500, the Nasdaq 100 is more volatile (typical daily range 1.2–2.0% vs. 0.8–1.2% on SPX) and more sensitive to interest rates and AI / semiconductor sentiment.
What moves Nasdaq 100
- US 10Y Treasury yield — strongest inverse correlation among major indices
- Big Tech earnings — Apple, Microsoft, NVIDIA reports can move the index 3–5% intraday
- AI / semiconductor news — NVIDIA news, TSMC reports, AI capex announcements
- Fed policy — duration-heavy index reacts strongly to rate path
Typical spread
Nasdaq 100 CFDs quote at 0.5–1.5 points on ECN brokers during US session, widening to 2.0–5.0 points in Asian session.
