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Nasdaq 100 struggles in early trading
Looking further into the early moves in the US stock markets we can see the Dow Jones continues to fare the best and right now the Nasdaq 100 is struggling and that its because shares of Alphabet (Google) are under the cosh. The stock is down heavily in early trading on some reports concerning AI for which I do not have any immediate detail. No matter though, because the point here; is that tech is lagging and that explains why the Nasdaq 100 is still in the red this afternoon. That underperformance is also weighing on the S+P 500 due to the crossover there. Meantime the Dow Jones has now lifted above 38,600
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