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FAANG Stocks Help Nasdaq Lead Morning Rally As Netflix Makes Bullish Move

1 month ago   |   By Roi Investing

FAANG stocks all rallied sharply after the stock market open on Thursday with a majority of the five big-cap techs showing gains of 1% or more as Wall Street continued to respond positively to earnings growth in the internet, leisure and consumer spending sectors.
X
Alphabet was up the least among the five, just 0.4%. Netflix powered up more than 2% and is trying to snap a six-session losing streak as shares are finding bullish support near its fast-rising 50-day moving average.
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