NASDAQ 100 Trades Within Descending Channel; Breakout Watch Near 23,800

NASDAQ was up on Monday morning after testing the low level of 23655 in the last trading session as the Nasdaq Composite gained 0.81%, with all three indexes hitting fresh record highs. Markets are increasingly betting on a Federal Reserve rate cut in September, even after recent data painted a mixed picture on inflation and employment.

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Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

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