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Nasdaq 100 outperforms on the opening today
The US stock markets have just now reopened and it has been a slightly higher start across all three major indexes. On first sight it is the Nasdaq 100 that immediately performed the best and despite opening slightly higher, at 41,628, the Dow Jones has fallen immediately back to trade below 41,550 and close to 41,500. That slippage does rather endorse all that was said about the index here much earlier today concerning its technically negative close last night. So, right now we appear to have rotation taking place, out of the Dow, in favour of the Nasdaq 100. The Nasdaq 100 closed last night at 19,432. It reopened today at 19,478 and has traded to a high so far at 19,486. It is just now trading a little below that at 19,455
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