NSDQ100 Earnings season remains a major catalystUS Tech 100TRADENATION:USTECTradeNationToday's session will be driven by a combination of key US economic data and another busy day of corporate earnings, with technology stocks once again in the spotlight. The main economic release is the US June JOLTS Job Openings report, which will provide another important update on the strength of the labour market. Investors will be looking for signs that hiring demand is slowing, as a softer reading would support expectations for Federal Reserve rate cuts and could provide another boost for growth stocks. Also on the calendar are US June trade balance and factory orders data, offering further insight into business investment and the health of the manufacturing sector. Earnings season remains a major catalyst, with AMD taking centre stage after the close. Markets will be closely watching for updates on AI chip demand, data centre revenue and forward guidance. Arista Networks will also be closely followed for evidence that spending on AI networking infrastructure remains robust, while Booking Holdings and Spotify will provide a read on consumer spending, travel demand and digital advertising trends. Outside the technology sector, results from Caterpillar, Toyota, HSBC, Merck, Pfizer, McDonald's, BP and Marathon Petroleum will offer a broader assessment of global economic conditions, industrial demand, healthcare, consumer spending and the energy sector. Following Monday's gains, the Nasdaq 100 could see another volatile session. Positive AI-related earnings combined with signs of a cooling labour market would likely support further upside. However, stronger-than-expected employment data could push Treasury yields higher, potentially limiting gains in technology stocks despite solid corporate earnings. Key Support and Resistance Levels Resistance Level 1: 29164 Resistance Level 2: 29507 Resistance Level 3: 29866 Support Level 1: 28168 Support Level 2: 27711 Support Level 3: 27330 The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.