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Nasdaq 100 Slumps 1.6% As Traders Turn Cautious Ahead of Powell's Jackson Hole Address: Tech Stocks Drag The Market Lower Thursday

Benzinga ·  16:41

The Nasdaq 100 took a significant hit on Thursday, sliding 1.6% as investors adopted a cautious stance in anticipation of Federal Reserve Chair Jerome Powell's much-anticipated speech at the Jackson Hole Symposium, scheduled for Friday at 10:00 a.m. ET.

納斯達克100指數在週四大幅下跌1.6%,投資者對聯儲局主席傑羅姆·鮑威爾週五上午10點在傑克遜霍爾研討會上的備受期待的演講持謹慎態度。

With market participants eagerly seeking insights on the future path of interest rates and the broader economic landscape, the session was marked by a shift towards risk aversion.

由於市場參與者急切希望了解利率未來走勢和整體經濟形勢,這一交易日出現了風險規避的轉變。

Market Sentiment Turns Bearish After Private Sector Data

私營領域數據出現後市場情緒轉爲看淡

Thursday's session saw a noticeable downturn in sentiment after 11 a.m. as traders absorbed stronger-than-expected growth in private sector activity for August.

在上午11點後,交易員們吸收了8月私營部門活動增長強於預期的數據後,市場情緒明顯下滑。

This unexpected data dented hopes for a larger-than-anticipated 50-basis-point rate cut by the Fed in September. As a result, market-implied probabilities for such a rate cut tumbled to 24%, down sharply from 38% just a day earlier.

這一意外的數據打擊了市場對9月聯儲局50個點子減息的預期。因此,市場對此類減息的概率下降至24%,較前一天急劇下降的38%。

This shift in expectations led to a broader market pullback, with traders opting to take profits following a 13% rally in the Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), from its early August lows. The day's decline marks the steepest drop for tech stocks since August 5.

預期的變化導致了更廣泛的市場回調,交易員選擇在納斯達克100中的科技股自8月初低點以來的13%漲幅之後獲利了結。這一交易日的下跌是自8月5日以來科技股的最大跌幅。

Semiconductor, Magnificent 7 Stocks Dragged The Index

半導體、科技七巨頭股拖累了指數

Semiconductor stocks were among the hardest hit, with the iShares Semiconductor ETF (NYSE:SOXX) plunging 3.4%, its worst performance since August 2.

半導體股是受到最大影響的,費城交易所半導體ETF (NYSE:SOXX)下跌了3.4%,是自8月2日以來的最差表現。

Out of the 100 components in the Nasdaq 100, 80 ended the day in the red, indicating a broad-based weak sentiment.

在納斯達克100指數的100個成分股中,有80個結束了下跌,表明市場的整體情緒較弱。

The day's worst performers included Moderna Inc. (NASDAQ:MRNA), down 6.5%, Intel Corp. (NASDAQ:INTC), down 6.1%, and MongoDB Inc. (NASDAQ:MDB), down 5.8%.

當天表現最差的股票包括Moderna Inc.(納斯達克股票代碼:MRNA)下跌6.5%,Intel Corp.(納斯達克股票代碼:INTC)下跌6.1%,MongoDb Inc.(納斯達克股票代碼:MDB)下跌5.8%。

When looking at the performance contribution, four of the Magnificent 7 tech giants were significant drags on the Nasdaq 100's performance:

從表現貢獻來看,科技七巨頭中有四個對納斯達克100指數的表現造成了重大拖累:

Company Weight 1-day return (%) Contribution
NVIDIA Corporation (NASDAQ:NVDA) 8.14% -3.68 -0.31 percentage
points (pp)
Microsoft Corporation (NYSE:MSFT) 8.12 -2.01 -0.16pp
Tesla, Inc. (NASDAQ:TSLA) 2.77 -5.64 -0.16pp
Amazon.com, Inc. (NASDAQ:AMZN) 4.83 -2.19 -0.11pp
Broadcom Inc. (NASDAQ:AVGO) 5.11 -2.06 -0.11pp
公司 權重 一日回報率(%) 貢獻
英偉達公司(NASDAQ:NVDA) 8.14% -3.68 -0.31百分比
點 (pp)
微軟-t(紐交所:MSFT) 8.12 -2.01 -0.16pp
特斯拉公司(納斯達克股票代碼:TSLA) 2.77 -5.64 -0.16個百分點
亞馬遜公司(納斯達克股票代碼:AMZN) 截至2022年12月31日,貸款應收餘額爲$1916萬,出自第三方。 -2.19 -0.11個百分點
broadcom corp 8.00% mandatory convertible prf sr a(納斯達克:AVGO) 5.11 -2.06 -0.11個百分點

Technical Outlook: Crucial Support Level in Focus

技術展望: 焦點是關鍵的支撐位

From a technical perspective, the Nasdaq 100 closed the session right at the critical support level provided by its 50-day moving average.

從技術角度來看,納斯達克100股指收盤時正好位於其50日均線提供的關鍵支撐位上。

The market's reaction in Friday's session will be crucial in determining whether this support level can hold and potentially trigger a rebound. If the index breaks below this key level, the next support zone lies around the 18,839 mark, coinciding with the 100-day moving average.

週五的市場反應將決定這一支撐位能否保持並可能引發反彈。如果指數跌破這個關鍵水平,下一個支撐區域位於18,839附近,與100日均線重合。

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