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Market Impact: 0.15
Global X U.S. Infrastructure Development (PAVE) Shares Cross Above 200 DMA
Source: Nasdaq
Market Technicals & FlowsInfrastructure & Defense
Global X U.S. Infrastructure Development ETF (PAVE) rose about 1.3% Friday and traded as high as $55.04, moving above its 200-day moving average of $53.98. The technical breakout is a modestly positive signal for the infrastructure-focused ETF but is unlikely to have broader market impact.
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