The Nasdaq is up nearly 1000 points from its cycle lows last week, which had put the tech-heavy index at lows not seen since the first summer of the Covid pandemic.
### Instruction: What is the sentiment of this news? Please choose an answer from {negative/neutral/positive}
### Input: The Nasdaq is up nearly 1000 points from its cycle lows last week, which had put the tech-heavy index at lows not seen since the first summer of the Covid pandemic.
### Response: moderately positive