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NVIDIA leads Nasdaq 100 lower into the close

Last night all three main US stock market indexes closed lower and the losses were led from the start to the finish by the Nasdaq 100. The index eventually closed 139 points lower, at 17,546. The main driver for this was leading losses in the price of NVIDIA stock. I said yesterday; that some analysts were looking for the stock to fall by more than 10% once the Q4 results hit the wires this evening. Well, at this rate it might get there beforehand. That is because the stock fell more than 4% yesterday and led the Nasdaq 100 to back to back lower closes. The Nasdaq 100 futures are lower this morning too and have been pricing a reopening at below 17,500 earlier today. The Nasdaq 100 is currently priced to reopen at around 17,505 
 

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