Techs, Small Caps Extend Losses After Sell-Off; BX, SHOP, RYAAY In Focus
Jan 3, 2024
13:01
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Declining stocks beat advancers on the Nasdaq by about 3 to 1. The Nasdaq made a stand at its 21-day line Tuesday but closed below the support level. The 10-year Treasury yield reversed lower after hitting 4%. Blackstone is close to retesting a prior entry, while Shopify and Ryanair are near first tests of their 10-week lines.
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