Nasdaq 100 futures under more pressure as Nikkei 225 slides

As expected and as warned several times from Wednesday onwards, the US stock markets crumbled into the weekend. Once again it was the tech sector and the Nasdaq 100 that led the falls. The index closed 2.61% lower, compared to a loss of 1.97% for the S+P 500 and 1.69% for the Dow Jones. The Nasdaq fell to 19,241, from an earlier high, at 19,752, set not long after the index had reopened at 19,718. The index later closed 517 points lower, at 19,281. Meta, Alphabet, Amazon and Palantir were amongst the biggest losers, but that mantle really belonged to Lululemon, which crumbed more than 14% on the session after their earnings missed market estimates. The proximity of the month-end surely did not help matters either. This morning the Asian markets have been hammered, with losses in Japan approaching 4% just now. The toxic cocktail of the month-end and the US tariffs kicking in on April 2 is the driver for all this. Earlier the Nasdaq 100 was priced to open below 19k later today and it is not much above there now, currently at around 19,050