Nasdaq US Tech 100 Breaks Channel Resistance Eyes 200 MA as Bullish Momentum Builds

NASDAQ was up on Tuesday morning after testing the low level of 20054 in the last trading session as the Nasdaq surged 2.27%. Ten of the 11 S&P sectors advanced, led by consumer discretionary, consumer staples, and energy. Tech heavyweights performed particularly well, with Tesla soaring 11.9%, Nvidia up 3.2%, Palantir rising 6.4%, Meta gaining 3.8%, and Amazon adding 3.6%.

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Varun Sharma

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