The Straits Times Business News

NEWS HIGHLIGHTS

23.9.20

Will NASDAQ uptrend resume? Are tech bulls still roaming above 10500 Key Support?

 

Flashback: NASDAQ hit intraday Low of 10519 before staging its Rebound from 10500 Key Support (refer post 2 days ago dtd 21st Sep'20). 

Is Covid Vaccines available before Nov 3 election as 2nd wave surges? Will NASDAQ pullback significantly if vaccines are out? Watch 10500 KS as a guide. 

Wall Street's Tuesday rebound was led by a 1.7% gain in the Nasdaq (IXIC) as a broker upgrade lifted Amazon.com (O:AMZN) by nearly 6%. The Dow and S&P 500 made more muted gains of 0.5% and 1% respectively.