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Nasdaq 100 opens higher
The US stock markets have just reopened for live trade and it has been a positive start to the session and this time it is the tech sector and the Nasdaq 100 that is leading the gains in percentage terms. The Nasdaq 100 closed on Friday at 16,305. It reopened this afternoon at 16,354, where the Dow Jones opened in the red, at 37,327. The Nasdaq 100 seems to be benefitting from a slight relapse in US yields and the dollar. The index is just now pressing close to and actually above the 16,400 mark, but the prevailing price action is still well south of its 21 day moving average (currently at 16,544). The Nasdaq 100 is just now trading at 16,402
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