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Nasdaq 100 futures higher after holding pole position into the US close

The contrasting divergent moves between the Dow Jones (cyclical recovery) and the Nasdaq 100 (tech) held a reversal of fortune for the Nasdaq into the close. The index was the only major US benchmark to end the session in the green yesterday. The index closed 38 points higher, at 15,877, in contrast to a 79 point fall for the Dow Jones. However, at one point yesterday the gap between the two was considerably wider in favour of the Nasdaq. However, both index futures are higher after the European opening this morning. Once again, it is the Nasdaq 100 futures that are leading the gains. The index future is currently pricing a reopening at above 15,950, but of course that can change in the coming hours, before live trading resumes and it will be subject to what the ADP payroll data has to throw at it later on, but there will be more on that release in another update 
 

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