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Top and bottom line beats from Microsoft and Alphabet send Nasdaq 100 futures higher

Last night the eagerly awaited Q1 results from the tech giants, Microsoft and Alphabet delivered a sharp rise for the US equity futures and most especially for the Nasdaq 100. The index had already pared much of its earlier losses into the close anyway. The Index had closed 96 points lower, at 17,430, but it had fallen to a low earlier in the session at 17,172. The impact of those two tech titans results sent the futures charging higher, as both beat on the top and the bottom line. The fact that Alphabet (GOOGL) delivered its first ever dividend for investors was a major driver too. So, the Nasdaq 100 futures lifted immediately and at one stage since the close, it was pricing an opening for later today at around 17,700. It is currently pricing that at around 17,635 

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