Trump praises Tim Cook's leadership, says he will 'continue to do great work for Apple' (AAPL:NASDAQ)

Former President Donald Trump expressed support for Apple CEO Tim Cook, stating that Cook will "continue to do great work for Apple." This endorsement may influence investor sentiment towards Apple and the broader technology sector, particularly within the Nasdaq-100 Index (NDX), as it signals potential stability and continuity in leadership. The market transmission mechanism here is risk appetite, as positive remarks from a high-profile figure can bolster investor confidence in AAPL's growth prospects. Traders will be attentive to upcoming earnings reports from Apple, which could further clarify the company's performance and impact on the tech sector.

The Nasdaq-100 (NDX) is the US large-cap tech benchmark. NDX is more sensitive to rate decisions than SPX because of longer-duration cash flows, and heavily concentrated in Tech/Comms names — mega-cap earnings season dominates price action.

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