The Nasdaq index is under pressure. The Vantage NAS100 CFD is trading near 29,195 as of 06:39 UTC (14:39 GMT+8) on 26 June 2026, roughly 5% off its June high and in its fourth consecutive losing session, the longest such run since February.^[1]

Apple’s shares fell over 6% on 25 June after the company announced price increases on MacBooks and iPads, with investors also weighing concerns around demand and margins^[2], more than offset Micron’s 17% surge on blowout AI-driven earnings^[3]. A core PCE print on 27 June is the next major catalyst.

All prices refer to the Vantage NAS100 CFD as of the cut-off stated. This is not financial advice.

Key points

• Nasdaq chart today: NAS100 at 29,195 on the 15-minute chart, below both the MA50 (29,564) and MA200 (29,343) as of 06:39 UTC, 26 June 2026.
• Apple’s shares fell over 6% after the company announced MacBook and iPad price increases of $100 to $300 per device, citing higher memory and storage component costs; investors also weighed demand and margin concerns^[2]; Apple is the largest NAS100 constituent by market cap.
• The RSI on the TradingView setup used for this analysis reads 49.52, with the RSI moving average at 37.39 — the RSI moving average remains below the RSI line, indicating momentum has improved following Thursday’s selloff.

Nasdaq chart: what the 15-minute setup shows

The Nasdaq price on the Vantage NAS100 CFD has traced a sequence of lower highs since the June peak near 30,400. The sharpest move came around the 25 June midday session — a near-vertical red candle consistent with Apple’s 6% drop^[2]. Price briefly dipped below 29,100 before recovering slightly to current levels.

Both the MA50 (29,564) and the MA200 (29,343) on the TradingView setup used for this analysis sit above current Nasdaq price. The RSI at 49.52 is mid-range. The RSI moving average remains below the RSI line, indicating momentum has improved following Thursday’s selloff. Volume on the Vantage CFD feed spiked during that drop and has since normalised.

Nasdaq news driving the move: Apple, Micron, and the Fed

Micron reported fiscal Q3 revenue of $41.46 billion, up from $9.30 billion in the same period a year earlier, a quadrupling driven by AI-related memory demand, with non-GAAP EPS of $25.11 on approximately 1.15 billion diluted shares, against consensus estimates of around $20.78^[3]. Its shares surged 17%. Demand for AI-related memory continues to underpin Micron’s earnings momentum.

Apple’s move cut the other way. The company raised MacBook and iPad prices $100 to $300 per device^[2], citing higher component costs. In a company statement, Apple said it had never seen memory and storage component costs rise as much or as quickly as they had in the current environment.

CEO Tim Cook had separately warned in a Wall Street Journal interview on 17 June that price increases were “unavoidable.” Evercore ISI flagged demand friction risk. J.P. Morgan called the concern overstated. The market voted with over a 6% decline. Given Apple’s index weight, the Nasdaq today reflects that tension directly.

The macro picture compounds the pressure. The Fed held rates at 3.50-3.75% on 17 June 2026^[4], but the dot plot shifted toward a potential hike, with nine of 18 members projecting tightening before year-end. May PCE came in at 4.10% year-on-year^[5]; core PCE at 3.40%^[6], both well above the 2% target. Rate-sensitive tech valuations have been carrying that weight all week.

Key NAS100 levels (06:39 UTC, 26 June 2026)

Table 1: Key Vantage NAS100 CFD levels as of 06:39 UTC, 26 June 2026. Source: TradingView. Reference levels only, not trade signals.

What to watch

• Core PCE (May 2026), 27 June: The Fed’s preferred inflation gauge. A surprise higher reinforces the hawkish dot-plot; a softer print would be the first relief for the Nasdaq index.
• Final US GDP Q1 2026, 27 June: Growth context alongside the inflation data — both land before the next FOMC.
• Apple Q3 earnings, Late July (est.): Whether management frames the price hikes as a one-off cost pass-through or a structural margin squeeze will matter for Nasdaq news flow.
• July FOMC, 29-30 July: First rate decision since the hawkish June dot-plot shift. Sticky inflation keeps this live for NAS100 positioning. See all latest stock market news here.

Risk considerations

The NAS100 has dropped more than 1,200 points from its June high to current levels. The MA50 at 29,564 and MA200 at 29,343 both sit overhead. Market participants often monitor Stop Loss placement relative to these zones, particularly ahead of high-impact data like the 27 June PCE print.

Leverage on NAS100 CFDs amplifies both gains and losses, it is a double-edged tool. In a session-by-session environment driven by earnings, inflation data, and geopolitical headlines, reviewing position sizing before the 27 June data window opens is worth considering.

RISK WARNING: CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. You should ensure you fully understand the risks involved and carefully consider whether you can afford to take the high risk of losing your money before trading.

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References

[1] “Nasdaq falls for a fourth day as a drop in Apple overshadows Micron’s booming earnings – CNBC” https://www.cnbc.com/2026/06/24/stock-market-today-live-updates.html Accessed on 26 June 2026.

[2] “Stock Market Today, June 25: Micron Surges, Apple Falls – The Motley Fool” https://www.fool.com/coverage/stock-market-today/2026/06/25/stock-market-today-june-25-micron-surges-apple-falls-and-inflation-data-weighs-on-stocks/ Accessed on 26 June 2026.

[3] “Nasdaq Falls as Apple Price Hikes Offset Micron Rally – Yahoo Finance” https://finance.yahoo.com/markets/stocks/articles/nasdaq-falls-apple-price-hikes-200750139.html Accessed on 26 June 2026.

[4] “Fed interest rate decision June 2026: Fed holds rates steady – CNBC” https://www.cnbc.com/2026/06/17/fed-interest-rate-decision-june-2026.html Accessed on 26 June 2026.

[5] “United States PCE Price Index Annual Change – Trading Economics” https://tradingeconomics.com/united-states/pce-price-index-annual-change Accessed on 26 June 2026.

[6] “United States Core PCE Price Index Annual Change – Trading Economics” https://tradingeconomics.com/united-states/core-pce-price-index-annual-change Accessed on 26 June 2026.

[7] “Stock market news for June 24, 2026 – CNBC” https://www.cnbc.com/2026/06/23/stock-market-today-live-updates.html Accessed on 26 June 2026.

[8] “Nasdaq-100 Index June 2026 Quarterly Changes – Nasdaq” https://www.nasdaq.com/press-release/nasdaq-100-indexr-june-2026-quarterly-changes-2026-06-12 Accessed on 26 June 2026.