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NASDAQ making bullish Flag in 1HR

NASDAQ was up on Friday morning after testing the low level of 21751 in the last trading session as Nasdaq Composite climbing 1.04% and 1.5%, respectively. Investors largely brushed off stronger-than-expected consumer and producer inflation reports for January, maintaining optimism based on expectations for a milder reading of the personal consumption expenditures price index. Positive corporate earnings reports from major companies, including Applovin (+24%), Robinhood (+14.1%), and Coinbase Global (+8.4%), further fueled the bullish momentum.