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U.S. markets showed opening momentum at the start of Wednesday’s trading and were able to hold positive territory while pushing fresh all-time highs and round number resistance. The action was certainly calmer than the previous session with volatility settling back down.
he Dow showed the most strength after rallying 1.3% to an intraday record high of 26,130 while clearing and holding the 26,000 level into the closing bell. The Nasdaq rose 1% after trading past 7,300 to 7,309 while setting just below this level and falling shy of its all-time high by 21 points.
The S&P 500 gained 0.9% after making a run to 2,807 and another lifetime high while ending the session above the 2,800 level. The Russell 2000 added 0.8% after testing a high of 1,589 but struggled with resistance at 1,600 following Tuesday’s 4-point trip past this level.
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