Daily Bulletins 07 May 2026 - 07:15 ... views

NASDAQ

NDXUSD

In the U.S. technology index today, eyes are turned toward the critical economic data set to be released. While yesterday's ADP employment data coming in below expectations increased question marks regarding economic activity, it provided a short-term boost to technology stocks by supporting interest rate cut expectations. However, rising geopolitical tensions regarding Iran are limiting risk appetite across global markets. Should the data released during the day exceed expectations, a rise in bond yields may be seen, which could create pressure on tech shares. Similar to the DAX Index, the technical outlook suggests that while upward movements could continue, sharp intraday pullbacks may occur due to geopolitical developments.