India, Aug. 8 -- Nasdaq futures moved decisively higher on the back of earnings season, employment data release and changing expectations about the Federal Reserve rate hike. The most recent level of Nasdaq 100 futures was at 29,839.5, representing an advance of 351.3 points, or 1.19%. This happened against the background of the opening level of 29,514.2, while the highest level of the day came to 29,867.8 with the lowest one being 29,453.5.

Nasdaq Futures Today

The Nasdaq futures have been registering substantial gains through several different periods as the futures contract has risen by 5.05% during the last five days, 1.52% during one month, 4.03% during three months, 17.22% year to date and 27.00% for one year. The open interest in...