The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), closed Thursday 2.5% higher, notching its sixth consecutive positive session and marking a strong rebound after the index had entered correction territory due to the early-month selloff. With a 9% rally over the last six sessions, this marks the best six-day run since November 2022, signaling that bullish sentiment remains alive among traders who jumped at the opportunity to buy tech stocks on the dip. From a technical perspective, Thursday's session represents a significant checkpoint for the Nasdaq 100, as the index climbed back above its 50-day moving average after dropping below it on July 24. Chart: Tech Stocks Break Above 50-Day Average, Notch Strongest 6-Day Rally In Nearly Two Years