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Nasdaq approaches a new all-time high

Technical Analysis
By Mostafa Mahmoud
Nasdaq approaches a new all-time high
0 1

NASDAQ

مؤشر الناسداك 10-9-2025

Nasdaq Index is trading around the $23,950 resistance level, which is likely to limit the pace of further gains during today’s session.

Support

 23600 23350 23050
Resistance 23950 24500

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The Nasdaq index recorded a notable rise during today’s trading session, continuing the positive performance that has characterized the U.S. market recently. This increase was supported by a wave of optimism among investors toward technology stocks, especially after several major companies announced strong quarterly results that boosted risk appetite. The index managed to reach new record highs, reflecting market confidence in the ongoing momentum, while traders remain attentive to any signals from upcoming economic data or Federal Reserve decisions that could impact market direction in the near future. Despite these gains, caution remains amid global volatility, prompting investors to closely monitor developments in anticipation of any changes that may affect the economic and financial landscape.

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Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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