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S+P 500 futures still indicating new record for the index this afternoon

The S+P 500, along with the Dow Jones posted a negative outside day reversal yesterday, but as usual, that might not count for very much it seems. The index reached a new record high yesterday, at 5,741, but later closed 10.67 points lower, at 5,722.26. The surge in the Nasdaq 100 so far today seems to have put paid to the prospect of that negative close having any detrimental impact on the index, when it reopens this afternoon. It has been called to reopen as high as 5,770, but right now it is a little below that level. There are some pretty important US data released due ahead of the opening, namely Q2 PCE and GDP final revisions, which a little pre-historic anyway. Besides, it is the tech sector and the Nasdaq 100, which right now are having more impact on where next for the S+P 500 and the Nasdaq 100 futures show little sign of yet handing back much in the way of their impressive overnight gains
 

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