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Nasdaq 100 kicks off the new week well in the red- can it rebound again today?
The US stock markets have just reopened for live trading and the reader is again reminded that the opening for the next 3 weeks will be one hour earlier in GMT terms until the clocks change here in Europe on March 30. So, US trading has just gotten underway and it has not been a very positive start to the new week. The Nasdaq 100 futures have been the worst performing amongst the 3 major US index futures all morning and that has just being transposed into the opening a moment ago. The Nasdaq 100 closed on Friday at 20,201. It has just officially reopened at 19,826, which is pretty much the low point of the Nasdaq 100 futures seen ahead of the start of live trading. The big question to ask; can the index rebound again today like it did on Friday? Of course it is possible, but holding any rebound might be an entirely different matter. The Nasdaq 100 is right now at 19,760
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