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Nasdaq 100 gives back opening gains

As covered in the past couple of updates, it was a higher opening for the US stock markets this afternoon, but almost immediately those opening gains have been eroded, especially in the Dow Jones, which is now into negative territory. As suspected the S+P 500 has held up best of all in the first 10 minutes of live trading. Meantime, the Nasdaq 100 is trading back underneath 18k after officially reopening today at 18,063. The dollar is pressing higher too and that is seeing the USD/JPT testing 148 again, as the EUR/USD edges back to the 1.09 handle once more. Those moves are adding pressure onto stocks, as is the push higher in US yields this afternoon. The Nasdaq 100 is currently trading at 17,985 

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