Nasdaq 100: Can the Rally Continue to New Highs?

From Investing.com: 2025-05-14 08:45:00

Tech stocks, led by Nvidia, rally on AI deals and easing trade tensions. Middle East investment boosts chip sector, with Nvidia building massive AI data center. Market remains optimistic, with no major bearish catalyst in sight. US-China trade tension thaw and softer inflation data contribute to positive sentiment. Nvidia and AMD benefit from growing AI investment in the Middle East. Nasdaq 100 shows strong momentum but signals overbought conditions. Support at 20,210-20,340, resistance at 21,325 and 22,000. Tech sector continues to benefit from AI hype, trade improvements, and cooling inflation.



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