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Nasdaq 100 Faces Pullback Risk As Semiconductor Rally Shows Signs Of Exhaustion

Source: SeekingAlpha

2026-05-13 06:25:00 ET

By Kelvin Wong

The price actions of the US Nasdaq CFD index (a proxy of the Nasdaq 100 E-mini futures) have surged as expected; it rallied by 3.2% from Friday, May 8, 2026 intraday low of 28,480 to hit a fresh all-time intraday high of 29,390 on Monday, May 11, 2026 in the US session....

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Nasdaq 100 Faces Pullback Risk As Semiconductor Rally Shows Signs Of Exhaustion
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