CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The Tech 100 Index (NDX) represents the performance of leading non-financial securities actively traded on the NASDAQ Stock Market. The index is calculated according to a capitalisation-weighted method. Started in 1985, the NASDAQ-100 includes both domestic and foreign securities of leading companies in a variety of industry sectors: IT, telecommunications, retail, biotechnology, media, etc. The NASDAQ-100 is often referred to as NDX. The index doesn't measure stocks of investment or financial institutions, and it is recalculated once a year.
While the Magnificent Seven have dominated market momentum in recent months, it’s not true that they are the sole drivers of the recent rally in equity markets.