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The NASDAQ Composite Index closed at 19,161.63 on January 10, 5:15 PM GMT-5, reflecting a decline of 233.88 points (-1.21%) over the past five days.
The index started the week with a high of 19,312.26, signaling a relatively strong opening. However, as the week progressed, the index faced increasing downward pressure, dropping to a low of 19,018.75 and closing well below both the high and the previous close of 19,478.88.
The NASDAQ Composite‘s decline highlights the volatility in tech-heavy indices, with the index shedding over 300 points from its high to its low. The trading range of 19,018.75 to 19,312.26 further emphasizes the market’s cautious stance, as investors remain wary of economic uncertainties.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.