Nasdaq is approaching the all-time high close at 16057.44.
While the Dow 30 index is lower, and the S&P is morbidly higher by 0.12%, the NASDAQ index is stretching to a new session high at 16045.34. That is getting closer to the all-time high close at 16057.44.
Recall from last week, the price high intraday reached up to 16134.22, but could not sustain momentum and closed below that all-time high closing level. The 16057.44 level was also broken on February 12 it to failed.
Will the market regroup for a final shove into the close?
PS the all-time intraday high reached 16212.23 back in November 2021.
This article was originally published by Forexlive.com. Read the original article here.