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Rotation favours Nasdaq 100 in opening trade

The US stock markets have now reopened for the final live session of the month and thee quarter and it has been something of mixed start to the day. The Dow Jones has fallen back further in the red in the first couple of minutes, whereas the Nasdaq 100 is trying to push higher. The Nasdaq 100 is currently lifting back above the 20k marker and that is helping the S+P 500 edge a little higher too. On Friday it was the opposite for the Dow and the Nasdaq 100, with the Dow coming out on top. Of course this could all change and many times too, before the month is out. As for re-balancing in the wider sense, that remains to be seen as well. Final month-end trading can throw up some rather unpredictable moves for that very reason
 

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