Sellers Knock Nasdaq Lower Again; XP, ATI, Chart Industries Hold Up
The 10-year Treasury yield and U.S. dollar extended gains.
August 16, 202313m 33s
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Show Notes
The Nasdaq fell below Monday’s low in higher volume, marking the 5th distribution day in 11 trading sessions. Losers beat winners on both exchanges by nearly 3 to 1. Insurers outperformed, helped by rising interest rates. Stocks to watch include XP, ATI and Chart Industries, which are all holding support at their 10-week lines.
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