NASDAQ 100 (NAS100) Extends Rally Towards 24,813 Resistance as RSI Turns Bullish Above 66
NASDAQ was up on Monday morning after testing the low level of 24289 in the last trading session as Nvidia’s $100 billion partnership with OpenAI fueled skepticism about the durability of the AI infrastructure boom. Stronger-than-expected US data also curbed hopes for deeper Fed cuts, with jobless claims coming in below forecasts and second-quarter GDP revised higher to 3.8%.
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