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Nasdaq ekes out gain to post biggest intraday rebound since February 2020

29484 nasdaq ekes out gain to post biggest intraday rebound since february 2020

Stocks ended mostly lower but well off session lows Monday, with the tech-heavy Nasdaq Composite erasing its early plunge to eke out a small gain. The Nasdaq COMP, +0.05% finished with a gain of around 7 points, or less than 0.1%, near 14,943, according to preliminary figures, after falling as much as 2.7% at its session low. The reversal marked the index’s biggest intraday comeback since Feb. 28, 2020, according to Dow Jones Market Data. The Dow Jones Industrial Average finished with a loss of around 163 points, or 0.4%, near 36,069 after dropping by around 592 points at its low. The S&P 500 SPX, -0.14% closed with a loss of around 7 points, or 0.1%, near 4,670.

Source: Marketwatch

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