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US stock futures rise on PCE data- Check out the Nasdaq 100 now
There have been a number of reactions across the markets following the US PCE data and beyond the dollar weakening as just mentioned in the previous update, US yields have slipped and US stock futures have risen. It seems this data has provided a much needed respite from the heavy losses seen since Wednesday evening. The Nasdaq 100 was pricing an opening to as low as 20,725 earlier. It is now pricing it above 20,900, but we shall have to see now long this rebound lasts and whether or not it is sustained when live trading resumes. It is possible this data will merely provide better levels for participants to offload more stock ahead of Christmas.
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US stocks kick off in the red but opening losses pared- check out the Nasdaq 100 now
The US stock markets have not long ago opened for live trading and it has been an across the board lower start to the new trading session. The dollar...
