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NASDAQ making a bullish flag on all time higher levels waiting for breakout confirmation

NASDAQ was up on Tuesday morning after testing the low level of 24805 in the last trading session as Nasdaq Composite rising 0.36% and 0.71% to new record highs, while the Dow slipped 0.14%, ending a six-day winning streak. Gains were driven by AI-related deal activity and expectations of a Federal Reserve rate cut. AMD soared 23.7% after unveiling a multiyear agreement to supply AI chips to OpenAI, which could acquire up to a 10% stake in the company.