{"id":34525,"date":"2025-11-11T11:17:59","date_gmt":"2025-11-11T03:17:59","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=34525"},"modified":"2025-11-11T11:17:59","modified_gmt":"2025-11-11T03:17:59","slug":"nasdaq-100-leads-wall-street-higher","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/nasdaq-100-leads-wall-street-higher\/","title":{"rendered":"Nasdaq 100 Leads Wall Street Higher"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/Image_fx-2025-11-11T110930135-1024x559.jpg\" alt=\"\" class=\"wp-image-34534\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nasdaq 100<\/strong> rose <strong>2.2%<\/strong> to <strong>25,700<\/strong>, while the <strong>S&amp;P 500<\/strong> gained <strong>1.5%<\/strong> and Chinese ADRs rallied <strong>2.3%<\/strong>.<\/li>\n\n\n\n<li>Senate support for a <strong>stopgap funding bill<\/strong> lifted hopes for a swift U.S. government reopening and renewed risk sentiment.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>U.S. stocks extended gains on Monday as progress toward ending the government shutdown reignited risk appetite. The <strong>Nasdaq 100<\/strong> climbed <strong>2.2%<\/strong> to <strong>25,700<\/strong>, supported by a rebound in large-cap technology names, while the <strong>S&amp;P 500<\/strong> advanced <strong>1.5%<\/strong>.<\/p>\n\n\n\n<p>A gauge of U.S.-listed Chinese companies also rose <strong>2.3%<\/strong>, reflecting improving sentiment toward growth-linked sectors.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Chinese investors\u2019 demand for equity mutual funds is picking up, a sign that confidence in the local market is growing as the benchmark stock gauge heads for its best year since 2020 <a href=\"https:\/\/t.co\/WoQXYLDxxf\">https:\/\/t.co\/WoQXYLDxxf<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1988059315324817548?ref_src=twsrc%5Etfw\">November 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The White House signalled its backing for a <strong>bipartisan Senate plan<\/strong> to reopen the government, now in its 40th day, fuelling optimism that the U.S. economy could avoid deeper disruption.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The White House on Monday expressed support for a deal between Republicans and eight Senate Democrats who broke ranks with their party to end the government shutdown: Here\u2019s your Evening Briefing <a href=\"https:\/\/t.co\/ZIcxBFbP1G\">https:\/\/t.co\/ZIcxBFbP1G<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1988024005924708471?ref_src=twsrc%5Etfw\">November 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The potential resolution lifted consumer confidence expectations and improved risk appetite across asset classes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Broader Market Sentiment Improves<\/h2>\n\n\n\n<p>Declines in Treasuries accompanied the rally in equities, as traders rotated into risk assets. The <strong>dollar index weakened<\/strong>, while <strong>gold<\/strong> and <strong>Bitcoin<\/strong> gained, indicating portfolio rebalancing into growth and inflation hedges.<\/p>\n\n\n\n<p>A <strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-10\/stock-market-today-dow-s-p-live-updates\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">Bloomberg commodity gauge<\/a><\/strong> also hit its highest level since <strong>August 2022<\/strong>, suggesting improving demand expectations.<\/p>\n\n\n\n<p>Treasuries now face a <strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-09\/treasury-debt-sales-dominate-light-data-week-for-bond-traders\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">$125 billion auction<\/a><\/strong> this week, though the bond market closure for Veterans Day may temporarily dampen liquidity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Asia to Track Wall Street Higher<\/h2>\n\n\n\n<p>Asian equity futures for <strong>Japan<\/strong> and <strong>Australia<\/strong> pointed to early gains, while <strong>Hong Kong<\/strong> remained steady. Regional data releases include <strong>Australia\u2019s business confidence<\/strong>, <strong>New Zealand\u2019s inflation expectations<\/strong>, and <strong>Japan\u2019s current account balance<\/strong>.<\/p>\n\n\n\n<p>Taiwan Semiconductor Manufacturing Co. reported slower monthly revenue growth, renewing debate over whether the AI-driven rally in chips and tech stocks can maintain momentum.<\/p>\n\n\n\n<p>In Japan, Prime Minister <strong>Sanae Takaichi<\/strong> is expected to unveil her first stimulus package aimed at boosting growth through investment in <strong>17 key industries<\/strong>, complementing global risk-on sentiment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The <strong>Nasdaq 100 (NAS100)<\/strong> is trading around <strong>25,700<\/strong>, extending its steady climb as tech stocks continue to recover from last week\u2019s brief correction.<\/p>\n\n\n\n<p>On the 15-minute chart, prices have rebounded from a recent low near <strong>24,637<\/strong>, with a clear bullish crossover among short-term moving averages (5, 10, 30).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/1_image-10-1024x450.jpg\" alt=\"\" class=\"wp-image-34526\" \/><\/figure>\n\n\n\n<p>The <strong>MACD<\/strong> remains above the signal line, suggesting momentum is holding firm even as the pace of gains begins to moderate near the resistance zone at <strong>25,700\u201325,800<\/strong>.<\/p>\n\n\n\n<p>This rebound aligns with improved risk sentiment following renewed optimism around the <strong>U.S.\u2013China trade dialogue<\/strong> and expectations that the <strong>Federal Reserve<\/strong> will maintain its dovish tone into December.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The Trump administration secured a key concession from the latest US-China trade truce by delaying an export control rule targeting companies majority-backed by blacklisted firms <a href=\"https:\/\/t.co\/TQzWmR37xH\">https:\/\/t.co\/TQzWmR37xH<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1987951662850277772?ref_src=twsrc%5Etfw\">November 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Tech giants are benefiting from easing Treasury yields, while traders digest mixed corporate earnings that continue to show resilience in growth sectors.<\/p>\n\n\n\n<p>If the index manages to close decisively above <strong>25,800<\/strong>, it could set the stage for a test of the <strong>26,000<\/strong> level. However, with momentum showing mild divergence and traders eyeing fresh macro data later in the week, a temporary pullback toward <strong>25,400\u201325,300<\/strong> cannot be ruled out.<\/p>\n\n\n\n<p>Overall, the short-term structure remains bullish but increasingly dependent on risk appetite and Fed rate expectations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>If the Senate finalises the shutdown deal, renewed optimism could lift the <strong>Nasdaq 100<\/strong> toward <strong>25,900\u201326,000<\/strong>. A failed vote or delay could trigger a mild correction back toward <strong>25,400<\/strong>.<\/p>\n\n\n\n<p>While momentum remains constructive, traders may remain cautious ahead of the release of delayed U.S. data, particularly <strong>employment figures<\/strong> expected within days of the government reopening.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*5vyjdn*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTE4NzkxMDYkbzMwOCRnMSR0MTc1MTg3OTExOCRqNDgkbDAkaDA.*_ga_6XQ8153GYW*czE3NTE4NzkxMDgkbzU3JGcxJHQxNzUxODc5MTE4JGo1MCRsMCRoMA..*_ga_BG6LYEHPX1*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMTgkajUwJGwwJGgw*_ga_J8BRGZSREX*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_7CG6454YR5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_69Z54R4H9N*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_CY2VCKFC3C*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_TXZ07R2C21*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_17TMGY9BBE*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_MWDVVSEVL5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_2QCC3S2748*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_E7D2PCX624*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_XJ4037XKK6*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_EJCVQDC7VT*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjYkajQyJGwwJGgw\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq 100 surged 2.2% as optimism over a bipartisan U.S. Senate deal to end the record-long government shutdown spurred a rebound in tech and risk assets. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":34534,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[11],"class_list":["post-34525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-indices"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/34525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=34525"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/34525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/34534"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=34525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=34525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=34525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}