Nasdaq Reverses Lower After Strong Start; ServiceNow, Wingstop, GE In Focus
Aug 29, 2024
16:57
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The Nasdaq composite reversed lower after rising 1.3% intraday. Despite the selling, breadth was positive on both exchanges: Less than 2 to 1 positive on the Nasdaq and nearly 3 to 1 positive on the NYSE. ServiceNow and GE Aerospace tried to clear buy points; Wingstop is building a new base.
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