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Stock Market Today: Nasdaq Poised to Break Losing Streak. Comcast Stock Soars on Split Plan

Nasdaq defies tech selloff as Comcast’s split plan sparks rally—what’s driving the divergence?

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The brief

The Nasdaq 100 is showing resilience despite a broader tech sector selloff, with traders loading up on shares amid hopes of a losing streak reversal. Coverage emphasizes the Nasdaq’s technical momentum, with *The Wall Street Journal* and *Investing.com* highlighting heavy buying pressure in the index despite semiconductor weakness. *Morningstar* notes a 1.86% weekly decline for broader markets, driven by healthcare gains and tech underperformance, while *ig.com* frames the week ahead as pivotal for Nasdaq’s recovery.

Watch for Comcast’s split execution details and whether Nasdaq’s rally sustains through earnings reports or Fed policy signals—both could redefine sector trends.

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Quick answers

Is the Nasdaq’s rally broad-based or concentrated in a few stocks?

Coverage indicates heavy buying in the Nasdaq 100, but the *Wall Street Journal* notes the tech sector remains under pressure, suggesting selective strength.

What triggered Comcast’s stock surge?

The *WSJ* attributes the rise to Comcast’s announced split plan, though specifics on the split structure or timeline are not yet detailed.

Are semiconductor stocks driving Nasdaq’s performance?

No—*Investing.com* reports traders are buying Nasdaq 100 shares *despite* a semiconductor selloff, implying other factors are at play.