Nasdaq 100 Tests All-Time High Resistance at 24,665 Amid Strong Bullish Momentum
The Nasdaq Composite climbed ~0.7% last week to a record close near 22,631.48, powered by strength in tech stocks amid hopes for future rate cuts. However, Nasdaq-100 futures slipped ~0.1% on Monday, as markets cooled after the sharp rally. Traders are now focused on Fed speeches, Core PCE inflation, and PMI data, which could guide the next phase of monetary policy.
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