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Fresh session lows in the Nasdaq 100 futures undermines European rally
The European stock markets have been making progress this morning and that was helping the likes of the FTSE 100 and the DAX move higher from opening levels. Well, just now those rebounds have come to a halt and the reason for that seems to rest with the Nasdaq 100 futures.
They have just now fallen to fresh session lows and that has undermined stocks elsewhere. The Nasdaq 100, which closed yesterday at 29,025, was just now pricing the opening close to 28,475. It is currently pricing it at 28,480
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