S+P 500 futures just running out of steam as US NFIB index awaits at 10am GMT

There is only one US economic release of any note due out today and that will be released very shortly, at 10am GMT. This is the latest US NFIB small business optimism index. That covers March and of course as such, it surely will not take account of what has played out in the past week or two. That does rather make whatever reading we get shortly rather pointless in view of recent developments. What might be far more interesting will the April reading next month. Irrespective of that, the index is forecast to fall back to around 98.9, from a February reading of 100.7. Ahead of this report the US equity futures are just edging back down again. Earlier the S+P 500 futures were pricing the opening to as high as 5,155. They are just now pricing it at around 5,128