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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
Since a much earlier update here noted the DAX just failing to set a new all time high above 19,491, the index fell back to below 19,400. However...
The gains in the Nasdaq 100 right from the opening has now seen that index push towards 20,500 and that in turn has helped to lift the S+P 500 to a...
The US stock markets have just reopened and the immediate moves have seen the Dow Jones drop a little further into the red whilst the Nasdaq 100 moves...
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