Nasdaq 100 gets left behind as Trump trade kicks in-futures in the red this morning

As covered here in many updates yesterday and earlier today, the tech sector and the Nasdaq 100 struggled to make any progress. Indeed it spent most of the session yesterday in the red. The index fell back to a low at 20,266, from an opening high at 20,477. The reason for the move was pretty clear; there was significant rotation back into the cyclical and health care sector and that favoured the Dow Jones most of all. Also the growing prospect of Trump reclaiming the Whitehouse was a clear shot in the arm for the non-tech sector. However, as the session developed such was the gain in the Dow Jones, it helped to lift the Nasdaq 100 back up into the close. The index later managed to avoid a lower close, but only just. The Nasdaq 100 closed 11 points higher, at 20,398. However, overnight the Nasdaq 100 futures have fallen back and are currently pricing the opening for later today at around 20,315