Nasdaq 100 futures on the rebound now today

Yesterday the tech sector and Nasdaq 100 was the worst performing major US stock market index. The Nasdaq 100 fell to below 18k at one point, hitting a session low at 17,995 before recovering some of the loss into the close. The index later closed 3.04% lower on the day. The Nasdaq 100 closed 572 points lower, at 18,257. The losses were broad based with heavy falls across many of the leading tech names (Apple, Meta, Tesla, NVIDIA, AMD and ASML were all hit hard) falling by 4% or more on the day. This morning the Nasdaq 100 futures have rebounded and that rebound has been helped by gains across Asia earlier and push higher in the DAX this morning. That said, the outlook for later today is uncertain and there is still the potential for sellers to step on any opening rally, when US live trading resumes. That does depend on the current gains across the futures holding up when the US markets reopen. Right now the Nasdaq 100 is priced to reopen around 18,490