Stock Market Reverses Lower After Strong Start; NXT, Caterpillar, TT Hold Up

After rising 1.6% intraday, the Nasdaq composite reversed lower in higher volume, adding another distribution day to the count. Breadth was negative even when the Nasdaq was positive. Nextracker cleared a short consolidation on strong earnings; Trane is just below a handle entry and CAT is in a buy zone.

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