4H Chart: Consolidation phase, Daily Structure: Strong Bullish Candle; trading above 20 SMA
The Nasdaq rose 0.45% to a record high on Monday, driven by strong gains in Nvidia and Broadcom. The Dow Jones added 0.25%, while the S&P 500 advanced 0.21%.
Weak August jobs data reinforced expectations of a September Fed rate cut, with markets even pricing in the possibility of a 50 bps reduction.
On the corporate side, Fox fell 3% on Murdoch family news, while Dell slipped 1.2% following the resignation of its CFO.
Recent News
Gold’s Short-Term Headwinds, Long-Term S...
November 28, 2024
Live Charts
Dow Jones Forms Bullish Flag Key Levels...
March 10, 2025
Market Insights
Gold Weekly Chart Momentum Holds Over 25...
June 28, 2025
Market Insights
US Tech 100 Testing Key Levels Resistanc...
June 09, 2025
Market Insights
US Tech 100 Approaches Key Resistance wi...
July 01, 2025
Market Insights
NASDAQ making a bullish flag on all time...
October 07, 2025
Market Insights
