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Tesla leads a charge in the Nasdaq but sellers quick to step in

An 11% rally in Tesla led a hot start for US stocks. The S&P 500 rose to as high as 4068 but it's since pared back to 4056, a 0.6% gain. The Nasdaq also pared its gain to 1.0%.

You can see the uncertainty in the market as we go back and forth between worries about a hard landing or persistently high inflation/interest rates. Right in the middle is the scenario that's good for stocks but the Fed will really need to thread the needle.

With jobless claims today at the lowest since Ap... Read More

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Tesla

Leads

Charge

Nasdaq

Sellers

Quick

Step

Forex

Posted: Jan 26 2023, 14:48

Author Name: forexlive

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