Nasdaq 100 Faces Bearish Pressure Near 23,400 Breakdown Below Support Could Trigger Further Decline
NASDAQ was down on Monday morning after testing the high level of 23692 in the last trading session as ongoing signs of persistent inflation in the US economy. Tech and AI-related shares pressured the market, with Nvidia down 3.4% and Dell falling 8.9% due to competition and higher costs for AI products.
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