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Nasdaq 100 opens lower and falls below 27,700 in early trading
Well, it is not too much of a surprise, but the Nasdaq 100 has opened markedly lower just now and fallen back in the first few minutes of live trade. The index has just this minute dropped below the 27,700 marker and that comes as the Dow Jones comes back from its earlier opening levels as well. This might change after the US data releases hit the screens at 2pm GMT, but then again it might not and we need to remember; the current sell-off in tech stocks has absolutely nothing to do with any economic data. The Nasdaq 100 is right now at 27,675
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