Trade US100
US Tech 100 Index
The tech-heavy Nasdaq 100 index, home to the world's largest growth and technology companies.
Price Chart
Specifications
Trade US100 on weekends
US100 is part of the StoicMarkets 24/7 group. A dedicated weekend instrument, US100.24-7, keeps quoting after the standard Friday close, so you can open, manage and close positions on Saturdays and Sundays. Weekend liquidity is thinner, so spreads can be wider than in weekday sessions.
Explore weekend tradingAbout US 100 (Nasdaq 100)
The US 100 tracks the Nasdaq 100 index, which comprises the 100 largest non-financial companies listed on the Nasdaq exchange. Its composition is heavily tilted toward technology, with top holdings in software, semiconductors, e-commerce, cloud computing, and artificial intelligence. As of recent rebalancing, the top seven constituents (Apple, Microsoft, NVIDIA, Amazon, Meta, Alphabet, and Tesla) account for a substantial share of the index's total weight. This concentration means the US 100 often moves on the earnings and guidance of just a handful of companies. The index excludes financial firms, which distinguishes it from broader benchmarks like the S&P 500. It tends to outperform during periods of monetary easing, strong corporate earnings growth, and technology sector expansion. Conversely, it underperforms when interest rates rise sharply, as higher rates increase the discount applied to future earnings, which disproportionately affects high-growth companies. The US 100 has become a proxy for investor sentiment around artificial intelligence, cloud infrastructure, and digital advertising. Major AI chip releases, cloud revenue beats, and regulatory developments around big tech can move the index as much as macro data. Earnings season (particularly late January and late July) concentrates risk, as the largest constituents report within a few days of each other. Pre-market futures activity from 12:00 UTC often sets the opening direction for the cash session.
Key Price Drivers
- Earnings and guidance from top 7 constituents (mega-cap tech)
- Federal Reserve rate decisions and bond yield trajectory
- AI and semiconductor industry developments
- Growth-vs-value rotation and risk appetite shifts
Peak Trading Hours
The US 100 CFD is available for extended hours, but peak volume aligns with US cash market hours.
US cash session (13:30-20:00 UTC)
Pre-market moves (from 12:00 UTC) can set the tone for the day, especially during earnings season.
Trading Considerations for US100
Know When Big Tech Reports
The top 7 stocks drive most of the index movement. Apple, Microsoft, NVIDIA, Amazon, Meta, Alphabet, and Tesla report earnings quarterly. Check the earnings calendar and manage exposure around these dates, as single-stock moves can shift the index by 1-3%.
Watch Bond Yields for Direction
The US 10-year Treasury yield has an inverse relationship with the US 100. When yields rise (tighter monetary conditions), tech stocks tend to fall. When yields decline, the index tends to rally. Use the 10Y yield as a macro filter for your directional bias.
Trade the Pre-Market for Early Signals
US 100 futures activity from 12:00 UTC reveals overnight positioning and reactions to Asian/European developments. If the index is gapping up or down before the 13:30 UTC cash open, the pre-market move often predicts the first hour of trading direction.
Use the VIX as a Volatility Gauge
The VIX (CBOE Volatility Index) measures expected S&P 500 volatility, but it serves as a proxy for Nasdaq risk as well. VIX spikes above 25-30 indicate elevated fear and wider daily ranges. During these periods, reduce position sizes or widen stops.
Key terms
Explore Similar Instruments
Frequently Asked Questions
Why is the US 100 tech-heavy?
The Nasdaq exchange has historically attracted technology and growth companies. Since the index excludes financial firms, its composition skews toward tech, making it a barometer for the sector.
How do interest rates affect the US 100?
Higher interest rates increase the discount rate applied to future earnings, which disproportionately affects high-growth companies. The US 100 is more sensitive to rate changes than value-heavy indices like the Dow Jones.
What companies are in the Nasdaq 100?
The Nasdaq 100 includes the 100 largest non-financial companies on the Nasdaq exchange. Top constituents include Apple, Microsoft, NVIDIA, Amazon, Meta, Alphabet, and Tesla. These seven stocks alone account for a substantial share of the index weight.
Can I trade the US 100 outside of US market hours?
Yes. StoicMarkets offers extended trading hours on the US 100 CFD. Liquidity is thinner and spreads may widen outside of the 13:30-20:00 UTC cash session.
How does AI affect the US 100?
AI has become a major theme for the index. NVIDIA, Microsoft, Alphabet, Amazon, and Meta all derive growing revenue from AI infrastructure, cloud compute, and related services. AI chip demand, data centre capex, and regulatory developments around the technology can move the index independently of broader macro conditions.
What is the difference between the US 100 and S&P 500?
The US 100 (Nasdaq 100) contains 100 non-financial companies and is heavily weighted toward tech and growth. The S&P 500 includes 500 companies across all sectors, including financials, healthcare, and energy. The US 100 is more volatile and more sensitive to interest rates and tech earnings.
Can I trade US 100 on a 10X account?
Yes. Index CFDs are available on StoicMarkets 10X accounts with up to 1:10 leverage on the amplified buying power.
Why does the US 100 gap at the open?
Overnight developments (Asian market moves, earnings releases after hours, geopolitical events) are priced in when the US cash market opens at 13:30 UTC. The CFD may already reflect some of this in extended hours, but the cash open can still produce gaps when volume surges.
Start Trading US100
Open a live account or practice risk-free on demo.
CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.