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Nasdaq 100 Holds Above Support at 23,310, RSI at 63 Signals Ongoing Bullish Momentum Toward 23,600

NASDAQ was up on Wednesday morning after testing the low level of 23303 in the last trading session as the Nasdaq Composite climbed 0.44%. Seven of the 11 S&P sectors finished higher, led by industrials, financials and health care. The gains came even as concerns about the Fed’s independence intensified after President Trump’s unprecedented removal of Federal Reserve Governor Lisa Cook.