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Nasdaq 100 the outlier again- futures jump in Asian trading

Yesterday the Nasdaq 100 was the only major US stock market index to close higher on the day. The index was not able to close above 20k though. After rising to a session high at 20,043, the index later closed just 27 points higher, at 19,972. However, that slightly higher close has to be weighed against what were technically negative closes for the Dow Jones and the S+P 500, but more on those a little later. Overnight Chinese stocks have surged following further remedial action from the Chinese authorities today and increased hopes of a potential ceasefire in the Lebanon/Israel conflict. That has lifted the Nasdaq 100 futures and also being lifted by a surge in premarket shares of Micron after improved Q4 guidance from that company after the closing bell. In turn, the Nasdaq gains have also helped to lift the Dow and S+P futures too. So, right now the Nasdaq 100 is currently pricing a reopening around 20,170 later today. That might change of course, but for now it looks like it will be a really positive start to US session later on
 

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