US data in the spotlight this afternoon but will it matter? Check the Nasdaq 100 futures

Yesterday the clear underperforming major US stock market index was the Nasdaq 100. The index did not come close to setting any fresh records, where we had those from the Dow Jones and the S+P 500. The Nasdaq 100 reopened at 20,918, after closing on Friday at 20,776. However, it just failed to vault the 21k handle, stalling on the topside at 20,998. That high was also well below the current 2024 record high, at 21,182. The fall that followed saw it drop below the previous daily close, hitting a session low at 20,712, before later rebounding to end the session just a little higher, at 20,804. Now later today we have some relatively important US data due out at 3pm GMT- the latest Richmond Fed index and New Home sales. However, given where we are in the month and with Thanksgiving looming on Thursday, it might not matter much. There will be no immediate coverage of that data, but updates will resume ahead of the European close and also later on when the Fed meeting minutes drop across the screens at 7pm GMT. There will be more to add on that later this morning. Meantime, the Nasdaq 100 futures are pretty much pricing an unchanged opening for the index later today