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Nasdaq Leads Indexes Higher, Powered by Tech Gains

1. Tech stocks, especially Nvidia, fueled major index gains on Tuesday. 2. Job openings rose to 7.4 million, indicating labor market strength. 3. Progress on U.S.-China trade talks remains uncertain, raising investor concerns. 4. OECD forecasts global economic slowdown, with the U.S. hardest hit. 5. Dollar General's outlook boost contrasts with fears of consumer spending pressure.

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FAQ

Why Bullish?

Strong earnings and economic resilience indicated by job openings support index stability, like previous periods of growth following similar earnings seasons.

How important is it?

The combination of tech growth and positive job data is crucial for S&P 500 performance, as indices often react to such corporate and economic fundamentals.

Why Short Term?

Immediate effects are visible as stock prices react quickly to earnings and trade discussions; similar situations have historically seen rapid market reactions.

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