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US Tech 100 Builds Bullish Flag Near 22,870 — Break Above May Target 23,048 Resistance

NASDAQ was up on Thursday morning after testing the low level of 22662 in the last trading session as on the data front, U.S. producer prices were flat in June, after an upwardly revised 0.3% rise in May. Annual wholesale inflation eased to 2.3%, the lowest since September. In corporate news, Tesla is preparing to launch a longer, six-seat version of its Model Y SUV in China.