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The NASDAQ 100 index is negatively impacted by concerns regarding President Trump's imposition of tariffs on imports from Canada, Mexico, and China. This situation creates a general selling pressure in the markets, and expectations of retaliation from the U.S.'s trading partners make the situation even more complicated. On the economic data front, the ISM manufacturing PMI and manufacturing PMI price index will be closely monitored by the markets.

From a technical perspective, the NASDAQ 100 index is attempting to find support at the 20975 and 20900 levels on the daily chart. If the downward pressure continues, the 20785 support level may also come into play. For the index to recover, the resistance levels at 21100, 21200, and 21300 are crucial during upward movements. The RSI indicator is at the 40 level, showing a negative outlook. The index has declined by 2.51% compared to the previous day.