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Nasdaq 100 off session lows as major tech results await

The US stock markets have been under pressure since the opening today and that has seen the losses led significantly by the tech sector and the Nasdaq 100. The index reopened today at 20,227, down from a close last night at 20,387. The fall that has followed has been delivered by a compendium of factors; the lower than expected US initial jobless claims kicked that off and then followed by what looks like month-end selling, as was suspected to be likely here earlier today. So, the Nasdaq 100 has fallen to a low at 19,882 not that long ago. It has  more recently rebounded to around 19,970 but it is a little below that level just now, as the eagerly awaited Q3 earnings results from Amazon (AMZN) fall due shortly, at 8am GMT. A little later, at 8.30am we get the same, Q3 results from Apple (AAPL). Both are of course major league tech stocks and figure within the top six of the Nasdaq 100. Of course Apple is ranked number one, as indeed it is in the S+P 500. The Nasdaq 100 is currently trading at 19,960
 

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