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Nasdaq 100 futures higher after Trump throws Apple a bone
The Nasdaq 100 was the best performing major US stock market by the close on Friday, when it gained 1.89%, compared to a rise of 1.81% for the S+P 500 and 1.56% for the Dow Jones. The weekend news over the weekend, that Trump had made the likes of Apple and NVIDIA exempt from the punitive Chinese tariff has sent the Nasdaq 100 futures markedly higher overnight. That news has also helped to lift the broader markets too and pretty much all of Asia is higher today. The European futures are substantially higher too, as the Nasdaq 100 futures lead US opening calls. What is clear in all this; Apple was on the brink of disaster if that tariff kicked in. Just another example of unconnected thinking by the US President and his team folks. So, anyway the Nasdaq 100 is set to open higher later today. The index closed on Friday at 18,690, with a gain of 346 points on the day. It is currently priced to reopen around 18,955
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