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Nasdaq 100 futures charge higher as US yields slip
It is not just the dollar that is reacting to the lower than forecast US CPI data. The US stock futures are moving equally sharply in the opposite direction right now. The slide in US yields is delivering that and it means the Nasdaq 100 future just now priced the opening at above 19,400 and if that is where the index opens, it will leave a significant opening gap above where the index reached yesterday, at 19,212. That was of course a record close last night and if the index were to reopen above 19,400 that would be quite something. Right now the futures are just curbing their enthusiasm slightly, just now pricing the reopening at around 19,385
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