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Nasdaq 100 Holds Above 23,600 — Bullish Flag Formation Signals Potential Upside Continuation

NASDAQ was up on Friday morning after testing the low level of 23427 in the last trading session as US GDP was revised up to a 3.3% annualized pace in the second quarter, and jobless claims came in lower than expected, easing recession concerns. On the earnings front, CrowdStrike gained 4.6%, HP rose 1.9%, and Snowflake surged 20.2% on strong results.