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Nasdaq 100 outshines in early trading
The US stock markets have been open for around 15 minutes now and it has been a much more positive start to the day than seemed likely a few hours ago and one that has clearly been lifted by the lower than expected US CPI data and corresponding fall in US yields that has delivered. This has rendered the idea of a US rate hike anytime this summer pretty much obsolete.
So, even the Dow Jones is back into positive territory, but it is the Nasdaq 100 that is leading the gains, which in turn is helping the S+P 500 to make progress. The Nasdaq 100 reopened today at 29,561, following a close last night at 29,264. The index has traded above the 29,600 marker since and it is currently trading at 29,525
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Nasdaq 100 outshines in early trading
The US stock markets have been open for around 15 minutes now and it has been a much more positive start to the day than seemed likely a few hours ago...