The stock market looked poised to give up some ground on Thursday morning, with futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) posting a nearly 50-point decline to 15,329 as of 8 a.m. EDT. The Nasdaq has struggled somewhat recently, as the high-growth stocks that are most popular among investors right now have had their long-term prospects called into question by the specter of rising interest rates. On Thursday morning, Crocs (NASDAQ: CROX) and Tractor Supply (NASDAQ: TSCO) continued their winning ways, setting the stage for solid gains even in a down market.
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