US Tech 100 Near Resistance Pennant Formation Signals Potential Breakout

NASDAQ was up on Wednesday morning after testing the low level of 21398 in the last trading session as the Nasdaq Composite rose 0.81%. Technology stocks led the advance, with Nvidia surging 2.8% and reclaiming its position as the world’s most valuable publicly traded company, overtaking Microsoft. In after-hours trading, Hewlett Packard jumped nearly 5% on stronger-than-expected quarterly results.

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Varun Sharma

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