Why is 25,000 important for the Nasdaq index?

It clusters with the 200-day EMA and a major round number that attracts orders. Holding above 25,000 supports a constructive bias into earnings. A close below would signal fading momentum and raise the risk of a deeper pullback toward nearby support zones before buyers return.

Is the S&P 500 at 7,000 resistance or a magnet?

Big round numbers often act like magnets first, pulling price in, then serving as support or resistance based on the close. A sustained move above 7,000 would lean bullish. Failure to hold it turns 7,000 into resistance and can drag the index back toward recent swing supports.

How can Australians invest in the Nasdaq index?

Use ASX-listed ETFs. NDQ gives unhedged exposure, while HNDQ is currency hedged. Pick based on your AUD view, fees, and liquidity. If you access US-listed funds, factor in brokerage and FX conversion costs. Keep position sizes modest and review exposures monthly, especially around earnings season.

Does Dow Jones at 50,000 mean a top is near?

A round number alone does not define a top. If the index holds above 50,000 on closing bases, it may become new support. Failure to stick can trigger a pullback toward prior breakout zones. Watch follow-through, volume, and reactions to earnings and macro data for confirmation.

Global Market Insights

^NDX Today, February 07: Dip Buyers Hold 25,000; SPX Near 7,000

ByHuzaifa Zahoor February 7, 2026February 7, 2026

Australian traders woke to firm US risk tone as the Nasdaq index defended the 25,000 pivot. The ^NDX sits near its 200-day EMA, while the ^GSPC gravitates toward the 7,000 mark and the Dow Jones eyes 50,000. A daily close on either side of these levels can set momentum into earnings season. We outline key levels, scenarios, and straightforward ways Aussies can position using ASX-listed ETFs and simple currency hedges. Clear, data-led takeaways you can act on today.