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The Nasdaq-100 index exhibited notable growth over the past five trading days, gaining 192.87 points, or 0.93%, to reach 20,930.36 as of 2:15 PM GMT-5 on November 29. This marks a significant continuation of its upward trend, positioning it closer to the psychological benchmark of 21,000.
The session opened at 20,771.02, with the index trading within a range that saw a session high of 20,956.31 and a low of 20,751.96. These figures highlight relatively stable intraday movements, signaling confidence among investors in the tech-heavy index.
The index’s performance aligns with broader market trends, suggesting a continued appetite for growth-oriented investments. Notably, the index’s low during the session (20,751.96) remained well above critical support levels, further solidifying its upward momentum.
With the Nasdaq-100 just shy of the 21,000 milestone, market analysts are keenly observing its trajectory in the coming sessions, particularly as trading volumes and broader economic indicators remain strong.
Disclaimer: This article is for information purposes only and does not constitute any financial advice.