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Nasdaq 100 futures still holding gains after Tesla beat
As reported on here late yesterday evening, the Q3 results from the US tech and automotive giant, Tesla (TSLA) beat on market analyst estimates. Those results came after the closing bell and before that the stock price had closed just over 2% lower. Well since the close, the stock price has jumped more than 10% in the grey market and that has helped to push the Nasdaq 100 futures higher. As also noted here last night, the index had fallen to a low at 19,934 yesterday and closed 316 points lower, at 20,066. The index futures have traded close to 20,200 since that close and remain elevated this morning in relative terms, thanks to that Tesla beat. There are more tech companies reporting later today and we shall see how those impact the price action as the day unfolds. Right now the Nasdaq 100 future is pricing the opening at around 20,175
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