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NASDAQ 100 Rebounds Above Support, Eyes 23,989 Resistance as RSI Holds Steady Near 55

NASDAQ was up on Thursday morning after testing the low level of 23372 in the last trading session as the chipmaker is expected to post 49% earnings growth and 53% revenue growth year-over-year, though it warned of an $8 billion impact from US trade restrictions on China. Elsewhere, MongoDB surged 38% and Okta rose 1.6% after both topped forecasts, driven by strong AI-related demand that lifted sentiment ahead of Nvidia’s results.