Nasdaq Jumps 1.3% Amid Rare Bond Buying; Tesla, Duolingo, Paccar Hold Up
Podcast: Stock Market Today With IBDPublished On: Wed Oct 04 2023
Description: Breadth was weak again on the Nasdaq, with winners beating losers by 4 to 3. Oil stocks sold off again as WTI crude oil futures slumped 5.6% to settle at $84.22 a barrel. Truck maker Paccar cleared a trendline as it forms a flat base; Tesla drew closer to a cup-with-handle buy point, while Duolingo reclaimed a 162.20 entry. Learn more about your ad choices. Visit megaphone.fm/adchoices
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