Risk-on mood pushes the Nasdaq 0.99% higher

Published: November 25 2022, 08:10 GMT+0

Risk-on mood pushes the Nasdaq 0.99% higher

US equity indices are closed for the Thanksgiving holiday and resume today. Meanwhile, here is a recap of Wednesday: having ended a bullish session Wednesday at 11,300, momentum helped Nasdaq finish the day 125.59 points or 0.99% higher, although mixed sentiments ensured the Nasdaq etched out a distinct 11,175 to 11,300 session range.

The Nasdaq shows positive signs, other assets are also on par: DAX is trading around 14,540 after ending Wednesday's session at 14,428 (up 0.78% today). Notably, S&P 500 rose 0.59% Wednesday and closed at 4,003.58.

Meanwhile, after ending Wednesday's session at 17,661, Hang Seng lost 101.36 points and is trading around 17,560.

The Nasdaq has recovered 8.26% since descending to a significant low of 10,321 around a month ago.

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