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Nasdaq 100 futures turn green after US CPI data
The impact of the lower than forecast US CPI data on the US equity futures was positive. Prior to this data all the three major index futures were still in the red and as noted earlier, it was the Dow Jones that was under the most pressure thanks to UNH. Well, even that index is trying to recover a good deal of that earlier downside, as the S+P 500 and Nasdaq 100 futures now turn positive. The Nasdaq 100 is right now priced to pricing the opening above 20,925. Earlier today that was below 20,750 at one stage. The index closed last night at 20,868. It is right now priced to reopen at 20,930
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