Tech Stocks Slump Ahead Of Key Inflation Report; VAL, PCAR, IBKR In Focus
Aug 9, 2023
11:08
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Several leading growth stocks fell hard again, weighing on the Nasdaq composite, which closed below its 50-day moving average for the first time since January. Oil and gas stocks outperformed again, including oil driller Valaris. Truck maker Paccar is in an alternate buy zone, while Interactive Brokers is near the top of a 21-week consolidation.
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