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Stock Market Today With IBD

S&P 500, Nasdaq Pare Losses Near Key Support; MongoDB, Nvidia, SLB In Focus

17 min • 8 augusti 2023

The major indexes retreated, with the S&P 500 and Nasdaq nearing their 50-day moving averages before paring losses. Many leading growth stocks suffered hefty losses, including MongoDB. But market rally leader Nvidia continues to hold strong. SLB is flirting with a buy point after a brief shakeout Tuesday morning.

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