NASDAQ Builds Bullish Momentum, Poised for Breakout Toward 25,200 Resistance Zone
NASDAQ was up on Wednesday morning after testing the low level of 24245 in the last trading session as Fed Chair Powell’s comments reinforced expectations for an October rate cut and hinted at a possible pause in balance sheet runoff. Investors now await quarterly results from Bank of America, Morgan Stanley, Abbott Labs, and ASML later in the day.
Recent News
DOW JONES facing Daily Resistance
February 06, 2025
Market Insights
US Tech 100 Approaching Key Resistance L...
May 26, 2025
Market Insights
Gold losses its shine as Trump trade ful...
November 06, 2024
Market Insights
Gold holds at Ascending Triangle Support...
August 21, 2025
Market Insights
Dow Jones Industrial Average drops 300 p...
January 02, 2025
Market Insights
Gold analysis and News
November 18, 2024
Market Insights
