Nasdaq Jumps 1.3% Amid Rare Bond Buying; Tesla, Duolingo, Paccar Hold Up
Oct 4, 2023
11:39
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Breadth was weak again on the Nasdaq, with winners beating losers by 4 to 3. Oil stocks sold off again as WTI crude oil futures slumped 5.6% to settle at $84.22 a barrel. Truck maker Paccar cleared a trendline as it forms a flat base; Tesla drew closer to a cup-with-handle buy point, while Duolingo reclaimed a 162.20 entry.
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