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Nasdaq 100 Weighed Down by Tax Hike Fears as Biden Unveils Relief Plan 2021-01-15 07:30:00 Daniel Moss, Analyst Nasdaq 100 Index, Biden Stimulus Plan, Rising Yields, Rotation Trade, Corporate Tax – Talking Points: Equity markets traded cautiously lower during APAC trade as investors digested US fiscal aid plans. Rising bond yields and tax hike fears may weigh on US equity markets in the near term. Nasdaq 100 index at risk of further losses as prices begin to probe key uptrend support. Advertisement Asia-Pacific Recap Equity markets traded cautiously lower during Asia-Pacific trade as investors digest President-elect Joe Biden’s proposed $1.9 trillion stimulus package and how it ultimately passes through the Senate. Australia’s ASX 200 index remained unchanged on the day while Japan’s Nikkei 225 slipped 0.62%.

United statesDaniel mossJoe bidenKamala harrisSenate republicansBiden stimulus planRising yieldsRotation tradeCorporate taxTalking pointsPresident elect joe bidenJapanese yenAustralian dollarNorwegian kroneTax hike fearsBiden unveils relief