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NASDAQ making a wedge pattern in short time frame ahead of nonfarm payroll release

NASDAQ was up on Friday morning after testing the low level of 21475 in the last trading session as the Nasdaq Composite dropped 0.83%. Losses were led by Tesla, which plunged 14.3% amid an escalating public dispute between Trump and CEO Elon Musk. The president criticized Musk for opposing a major tax-and-spending package, hinting that government contracts and subsidies for Musk’s companies could be at risk.