US stocks kick off the session on the back foot- Nasdaq 100 slips below 19k in early trade

Before we look at the US stock market opening it is worth noting the USD/JPY has lifted further since the last update here. The dollar has managed to punch its way above the 154 handle and hence set a new session high and above where it closed last night, but at the same time the USD/JPY will be keeping a close eye on those US stock markets for any signs of a more risk averse session in the making. So, the US stocks have just kicked off amid digesting that US GDP data. As noted in the previous update; will that data ultimately make any difference? Well the opening moves in the US stock markets are not making headway, but it is early days. The Nasdaq 100 was the theme of the last update and so it is here. The index is heading lower on the opening and slightly below where it closed last night, at 19,049. The Nasdaq 100 is currently trading at 18,985