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Nasdaq set to extend Tuesday rally as oil edges toward $80
Oil prices continued to move higher, with U.S. crude nearing the $80 level.
The Nasdaq was positioned to extend a Tuesday rally, as investors looked to build on gains from the prior session, according to WSJ Markets.
The market backdrop also included firmer energy prices, with oil continuing to edge higher as U.S. crude approached $80.
Latest closeWTI crude $80.00 ▼5.5%|Nasdaq Comp. 25,913.90 ▲2.1%
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