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Equities Sector Coverage: Why Stocks Traded Higher

The Dow Jones Industrial Average rebounded to 13,306.57 then consolidated staying above its 50-day and 200-day simple moving average at 13,137.50 and 13,000.99. The Nasdaq rallied from 3003.82
The Dow Jones Industrial Average declined to 12,734.86 on Tuesday afternoon after momentum on the daily chart shifted to negative at Monday’s close. The NASDAQ declined to 2900.28 on Tuesday