Stock Indexes
Nasdaq-100
The 100 largest non-financial companies listed on Nasdaq, heavily weighted toward technology.
Nasdaq 100 chart
- Proxy
- Index CFD
- Intraday · may be delayed
- FOREXCOM:NSXUSD
This chart uses FOREX.com's NSXUSD CFD as a proxy for the Nasdaq-100 index. The CFD trades outside US cash hours and its price can differ from the official NDX value published by Nasdaq.
About the Nasdaq 100
The Nasdaq-100 holds the 100 largest non-financial companies listed on the Nasdaq Stock Market, using a modified market-cap weighting that caps the largest positions.
It is dominated by technology, communication services and consumer names, which makes it more sensitive than the S&P 500 to changes in long-term interest rates and to the earnings of a few mega-cap companies.
Traders follow it through E-mini (NQ) and Micro (MNQ) futures on CME, NDX options, and the Invesco QQQ ETF.
What moves Nasdaq 100
Common drivers. None of them determine price on their own.
- Long-term yields
- Growth-company valuations lean on earnings far in the future, so moves in the 10-year Treasury yield and real yields often matter more here than for the broader market.
- Mega-cap earnings
- A small group of companies makes up a large share of the index. Their results and guidance can move NDX on their own.
- Inflation and Fed path
- CPI, PCE and FOMC decisions feed into rate expectations and, through them, valuation multiples.
- Sector themes
- Semiconductor cycles, AI investment spending, regulation and export controls can drive sector-wide repricing.
Nasdaq 100 trading hours
Regular schedules in US Eastern time unless noted. Holidays and early closes are not shown.
| Venue | Hours | Note |
|---|---|---|
| Nasdaq cash session | Mon–Fri 9:30 a.m. – 4:00 p.m. ET | — |
| E-mini Nasdaq-100 futures (CME Globex) | Sun–Fri 6:00 p.m. – 5:00 p.m. ET (daily 5:00–6:00 p.m. ET maintenance break) | — |
Economic events that matter for Nasdaq 100
Why each release can move this market. Reactions depend on the surprise versus expectations and on the backdrop.
| Event | Why it can matter for Nasdaq 100 |
|---|---|
| CPI Next: | Large-cap tech and growth stocks are valued on cash flows far in the future, so they are often more sensitive than the broader market to the yield moves that follow an inflation surprise. |
| FOMC Next: | Shifts in the expected rate path and real yields tend to matter most for long-duration growth stocks, which dominate the Nasdaq-100, so the index can move more than the S&P 500 on Fed days. |
| NFP Next: | The Nasdaq-100 usually trades the jobs report through its effect on real yields: a report that pushes yields sharply in either direction can move rate-sensitive growth stocks more than the broader market. |
Nasdaq 100 FAQ
What are Nasdaq-100 futures trading hours?
NQ and MNQ futures trade on CME Globex from Sunday 6:00 p.m. to Friday 5:00 p.m. ET with a daily 5:00–6:00 p.m. ET break. The cash index is calculated during the 9:30 a.m.–4:00 p.m. ET session.
Is the Nasdaq-100 the same as the Nasdaq Composite?
No. The Nasdaq Composite includes nearly all stocks listed on Nasdaq, including financials. The Nasdaq-100 is a subset of the 100 largest non-financial companies and is the index that NQ futures and QQQ track.
Why is the Nasdaq-100 sensitive to interest rates?
Many constituents are valued on earnings expected years in the future. When yields rise, those future earnings are discounted more heavily, which can weigh on valuations. The relationship is not constant and can be overwhelmed by earnings news.