Tech eyes another bounce to kick start the new day

Nasdaq futures up 1.4%

Nasdaq

The relatively calm mood in Treasuries, with 10-year yields seen down 1 bps to 1.507% is helping to keep tech stocks more upbeat after failing to join in on the risk-on party yesterday (Nasdaq closed near flat levels as the Dow gained 1.5%).

But much like what we saw on Tuesday, the market can easily turn that greed switch back on and we're seeing glimpses of that already in early European trading.

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