Dow Jones slips in early opening trade

The US stock markets have just reopened and it has been a positive start, led higher by the Nasdaq 100. In the previous update we noted how the Nasdaq 100 futures were on the rise and since then the index has pretty much held most of those gains into the opening a moment ago. The fall back in oil prices once again has also lifted the opening mood across the Dow Jones and the S+P 500. That has also weighed on the dollar somewhat and the index is off its earlier levels. Brent was trading back below the $78 handle leading into the stock markets opening. 

So, the Dow Jones has just now officially reopened at 52, 249, but you can forget that as nothing more than a book entry. The real opening was nearer the 53,400 mark. The index had closed last night 576 points lower, at 52,348. So, it was immediately on the front foot in very early trading and now we see if it can stay that way and once again the headlines and oil price will have an important part to play in that. The Dow Jones just peaked at 52,442. However, it has now fallen back into the red, right now at 53,290