This post was originally published on this site. The Nasdaq composite and NASDAQ 100 leads US stocks higher BoJ’s Ueda in focus as markets weigh a back-to-back October rate hike Crude oil technicals: Middle east tension has crude oil futures moving higher.What next technically? You Have to BELIEVE in something: Why I trust the 100 and 200 moving averages ISM non- manufacturing PMI 54.9 versus 55.2 estimate S&P global composite PMI for September 58.4 versus 58.4 preliminary Bitcoin rally stalls below $87,334. What must buyers and sellers do next? Why a weak jobs report does not always mean a weak...

This post was originally published on this site.Five of the Magnificent Seven rise as the Nasdaq Composite gains 1.05%; the Dow posts a more modest advance. U.S. stocks closed higher to start the new trading week, with the Nasdaq Composite leading the way. The S&P 500 and Nasdaq 100 also posted solid gains, while the Dow lagged but still finished in positive territory. Optimism about corporate earnings and continued interest in large technology companies helped support the market. Friday’s weaker jobs report also reduced expectations for another Federal Reserve rate hike this month. Nvidia and Microsoft were among the stocks...