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Nasdaq 100 at risk of further selling pressure if inflation fears persist

by Joel Frank
11 May 2021
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The Nasdaq 100 index sold off sharply on Monday and is under further selling pressure in pre-market trade ahead of the Tuesday US market open. Inflation fears have been the main culprit. A break below the index’s long-term uptrend could trigger an extension of technically driven selling. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:32 USA TEC

Tags: InflationNASDAQUS stock market
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