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Nasdaq Reverses Lower After Strong Start; ServiceNow, Wingstop, GE In Focus
Season 1 · Episode 1

Nasdaq Reverses Lower After Strong Start; ServiceNow, Wingstop, GE In Focus

Sellers knocked Nvidia lower despite a strong earnings report

Stock Market Today With IBD

August 29, 202416m 57s

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Show Notes

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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