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The NASDAQ Composite Index surged to close at 19,630.20 on January 17, marking a gain of +726.54 points (3.84%) over the past five days. This robust performance underscores growing investor confidence in the technology-heavy index.
During the week, the index reached a high of 19,709.64, reflecting strong upward momentum, and a low of 19,543.32, indicating consistent support levels. The previous session closed at 19,338.29, further highlighting the positive trajectory.
At the time of the latest update, the trading level stood at 19,655.54 (as of 5:15 PM GMT-5), reinforcing a sustained rally driven by optimism in tech and growth sectors. The U.S. stock market saw growth among major indices after the inflation data for 2024 was released.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.