Investor Alert
Michael Ashbaugh

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Sept. 9, 2020, 12:03 p.m. EDT

Charting a successful technical test, Nasdaq rallies from major support (10,840)

Focus: Safe-haven currencies hold steady, Airlines sustain recent breakout, UUP, FXY, JETS, CRWD, ROKU, WKHS

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher early Wednesday, rising in the wake of an aggressive three-session market downdraft.

Against this backdrop, the Nasdaq Composite and S&P 500 have rallied respectably from major support — Nasdaq 10,840 and S&P 3,328 — levels closely matching the September low.

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