Core Viewpoint - The Nasdaq 100 index has reached a new historical high, driven by multiple factors including easing international tensions, expectations of interest rate cuts by the Federal Reserve, the AI boom, and strong performance from technology stocks [2][3]. Group 1: Factors Driving Nasdaq 100 Performance - The recent surge in the Nasdaq 100 is attributed to a combination of factors such as improved international relations, rising expectations for interest rate cuts by the Federal Reserve, the ongoing AI trend, and robust earnings from technology stocks [2]. - The "Magnificent Seven" tech stocks and the AI sector have significantly outperformed, providing a strong boost to the Nasdaq 100 [2]. - The Federal Reserve's dovish stance has increased the likelihood of interest rate cuts, with Goldman Sachs raising its forecast for three rate cuts within the year, which is expected to enhance market liquidity and risk appetite [2]. Group 2: Outlook for US Stock Market - Institutions are optimistic about the performance of US stocks in the second half of the year, citing factors such as fiscal policy shifts and reduced tariff increases that are expected to enhance the mid-term visibility of the US economy [3]. - The technology sector is still in an upward cycle, and local investment institutions have relatively low holdings in US tech stocks, which supports a positive outlook for the next 6 to 12 months [3]. - Nasdaq 100 is seen as having a clear advantage among broad market indices, followed by the Nasdaq Composite, while the Russell 2000 is considered less stable and with lower expected returns [3]. Group 3: Historical Performance of Nasdaq 100 - Historically, the Nasdaq 100 has demonstrated strong performance, with 19 out of the past 22 years yielding positive returns, primarily driven by growth styles and leading technology companies [4]. - The index's ability to continuously refresh its components with high-quality companies contributes to its resilience and strong performance [5]. - The combination of the AI technology wave and a loose liquidity environment is expected to continue favoring the Nasdaq 100's performance in the future [5]. Group 4: Investment Opportunities - For domestic investors, accessing overseas stocks directly can be challenging, making QDII funds a more suitable option for investing in the US stock market [6]. - The Wan Jia Nasdaq 100 Index Fund closely tracks the performance of the Nasdaq 100 index, providing a transparent and cost-effective investment tool for investors [6]. - Investing in global technology giants through such funds allows investors to achieve global asset allocation, mitigate risks, and benefit from the technological advancements of the era [6].