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Nasdaq 100 leading US futures lower

Since the last update here looked at the DAX slipping below 19,550, the index has now fallen further and is currently trading below 19,500. At the same time the CAC 40 is tracking below 7,550. These moves come as all the US equity futures turn a darker shade of red too. The tech sector and the Nasdaq 100 are right now leading the further downside in percentage terms. The index closed on Friday at 20,324, with a gain of 133 points on the day. It is currently pricing the opening close to the 20,200 mark, but so far that level has capped the downside ahead of the opening this afternoon. There is no clear news based catalyst to account for any of these moves and as such that means they might rebound, but that remains to be seen. The Nasdaq 100 is currently priced to reopen at 20,215
 

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