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Nasdaq 100 ignores geopolitics and closes the week back above 20k
On Friday all three major US stock market indexes closed higher and all took the positives out the latest US jobs report. Well, given the payroll numbers last month that does make sense. It seems that US hiring is coming back on line after a couple of months of doubtful data. The first to endorse that potential recovery was the higher JOLTS numbers seen earlier last week. So, back to specifics; the Nasdaq 100 was the best performing major US index on Friday, rebounding back above the 20k marker and closing above it too, ending the week at 20,035, with a gain of 241 points on the session. Overnight the Asian markets are mostly in the Green, but the mainland Chinese markets are still closed for the Golden Week holidays. The Nikkei 225 is higher today though, but that is yet to filter into the opening outlook for the Nasdaq 100 later today, currently flipping either side of the 20k level
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