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Yesterday the noted rotation back into tech saw the Nasdaq 100 close higher for a second successive day and outperform both the S+P and the Dow Jones in percentage terms. The Nasdaq 100 closed 0.71% higher, where the S+P 500 gained 0.40% and the Dow Jones did not gain at all, it actually closed lower, but more on that a little later. So, the Nasdaq 100 put on 145 points yesterday, closing at 20,684. The gains were led by a very impressive 31% rise in Super Micro Computer, but NVIDIA was the third best performer, with a gain of 4.89% on the session. There is good reason for that, because after the closing bell tonight we will get the eagerly awaited Q3 earnings report from NVIDIA. There will be more to add on that later today. Overnight and this morning the Asian markets are rather mixed and Japanese markets are not higher. That has not stopped the Nasdaq 100 futures from gaining so far though. The index is currently priced to reopen at around 20,730, but that is going to change one way, or another before live trading resumes
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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