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Nasdaq 100 futures still in the red as ISM awaits
The US stock markets will soon reopen for live trade and ahead of that opening the Nasdaq 100 futures are still in the red this afternoon. Even after the opening there is something which could shift any prior directional momentum. As noted here earlier today, that is the release of the November service sector ISM index. The headline number is expected to rise slightly, to 52, from a prior reading of 51.8. Outside of the headline number itself there are other components; new orders, employment and prices paid, all of which can affect the market reaction to the overall report. The Nasdaq 100, along with the other major stock market indexes will react to any real surprises here, as will the dollar. Ahead of that the Nasdaq 100 future is pricing a reopening at around 15,770 after closing last night at 15,839
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
