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Not much of a positive PCE reaction in US equity futures-check out the Nasdaq 100

The US equity futures markets have taken a long hard look at that US PCE data and seemingly not liked it too much. To be honest it was pretty benign, but perhaps not benign enough to warrant a positive reaction. By the look of things right now, not enough to eclipse the reasons why the US stock markets have fallen back in the past few weeks. So, earlier the Nasdaq 100 futures were trying to rebound, from an earlier implied session opening low close to 19,650. That rebound saw it priced above 19,775. Well, right now it is being priced close to 19,675 and the story is pretty similar for the Dow Jones and the S+P 500 futures just now as well. 

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