Tesla's 10% pop leads the surging Nasdaq-100; See the top 10 index performers here
Seeking Alpha News (Mon, 24-Mar 10:43 AM)
Shares of Tesla (NASDAQ:TSLA) lead the surging Nasdaq-100 Index (NDX) higher as the EV giant is on the move making gains of +10% to start off the trading week.
The Nasdaq-100 has jumped up 2% on Monday as traders and investors move into the more risk-on portion of equities off the back of reports that say President Donald Trump plans on imposing tariffs will be more targeted than what he has frequently threatens.
While Tesla is leading the-tech-focused index, it isn’t the only stock supporting the positive push. Outlined below are the top 10 performing Nasdaq-100 names on Monday.
No. 10: Microchip Technology Incorporated (MCHP), +4.2%.
No. 9: Analog Devices (ADI), +4.2%.
No. 8: ON Semiconductor Corporation (ON), +4.4%.
No. 7: NXP Semiconductors (NXP), +4.5%.
No. 6: Palantir Technologies (PLTR), +4.8%.
No. 5: Arm Holdings (ARM), +5.1%.
No. 4: Advanced Micro Devices (AMD), +5.2%.
No. 3: Applovin Corporation (APP), +6.1%.
No. 2: MicroStrategy Incorporated (MSTR), +9.1%.
No. 1: Tesla (NASDAQ:TSLA), +10%.
Prices are reflected as of 10:25 am EST.
As the Nasdaq-100 makes noticeable advancements so in turn does Wall Street’s fifth largest exchange traded fund. The Invesco QQQ Trust ETF (NASDAQ:QQQ) with its $303.14B in assets under management has climbed 2% as well.
Furthermore, see some other Nasdaq-100 (NDX) and Nasdaq Composite (COMP:IND) focused exchange traded funds: (NASDAQ:QQQM), (NYSEARCA:QLD), (NASDAQ:TQQQ), (NYSEARCA:QID), and (NASDAQ:SQQQ).
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