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The NASDAQ-100 faced a challenging trading week, closing at 20,847.58 on January 10, 5:15 PM GMT-5, reflecting a decline of 249.21 points (-1.18%) over the past five days. The index faced overall disruption in the past week mainly due to the release of the 2024 jobs market report which was released earlier this week.
The index opened the session at 21,012.29, which was slightly below the previous close of 21,180.96. The week’s trading saw a high of 21,015.51, briefly touching optimism before succumbing to broader market concerns. The low of 20,718.78 underscored the bearish momentum as the index struggled to recover.
Closing below both the previous close and its opening value highlights persistent selling pressure and investor caution. This week’s range from 20,718.78 to 21,015.51 points to a volatile yet relatively tight band, reflecting market uncertainty.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.