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As reported here at the time, the markets were totally surprised by the 90 day moratorium on US trade tariffs announced yesterday evening. That saw the dollar gain and stocks fly. The Dow gained nearly 3000 points by the close, but in percentage terms it was left trailing in the wake of the Nasdaq 100. The tech index surged more than 12% by the close. The Nasdaq 100 closed 2,054 points higher, at 19,145 as shorts rushed to cover. That was an amazing move. However, all the US futures have rather curbed their enthusiasm a bit this morning, despite a sea of green across Asia this morning. The European futures have come off the boil a bit too, but more on those markets a little later. Perhaps given the massively unpredictable nature of the US President and his team and the massive gains yesterday, the markets do not want to take too much for granted. So, the Nasdaq 100 is currently priced to reopen around 18,910
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