{"id":62613,"date":"2025-02-01T09:54:40","date_gmt":"2025-02-01T14:54:40","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62613"},"modified":"2025-02-01T09:54:40","modified_gmt":"2025-02-01T14:54:40","slug":"stock-summary-nasdaq-100-posted-weekly-gains-of-2-28-amid-deepseek-ais-claim-about-cheaper-technology","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-summary-nasdaq-100-posted-weekly-gains-of-2-28-amid-deepseek-ais-claim-about-cheaper-technology\/62613\/","title":{"rendered":"Stock summary: NASDAQ 100 posted weekly gains of 2.28% amid DeepSeek AI\u2019s claim about cheaper technology"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The <strong>NASDAQ 100<\/strong> Index closed at <\/span><b>21,478.05<\/b><span style=\"font-weight: 400\">, recording a <\/span><b>gain of 477.88 points (2.28%)<\/b><span style=\"font-weight: 400\"> over the past five days. As of January 31 at 5:15 PM GMT-5, the index reflected strong upward momentum, driven by investor confidence and a robust performance in the technology sector.<\/span><\/p>\n<p><span style=\"font-weight: 400\">During the session, the index reached a <\/span><b>high of 21,661.56<\/b><span style=\"font-weight: 400\">, showcasing bullish sentiment and sustained buying activity. However, it also touched a <\/span><b>low of 21,425.79<\/b><span style=\"font-weight: 400\">, indicating intermittent pullbacks as traders responded to market fluctuations. The <\/span><b>previous close of 21,508.12<\/b><span style=\"font-weight: 400\"> suggests that the<strong> NASDAQ 100<\/strong> has been navigating a period of volatility while maintaining an overall positive trajectory this week.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Wall Street, especially the tech-sector, was massively hit after a Chinese startup DeepSeek AI made remarks about its cheaper chips and AI as compared to American companies. This also had an impact on the tech-heavy <strong>NASDAQ 100<\/strong>. However, in the later half of the week the index posted gains, thereby, ending the week on a positive note.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NASDAQ 100 Index closed at 21,478.05, recording a gain of 477.88 points (2.28%) over the past five days.<\/p>\n","protected":false},"author":433,"featured_media":58479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[23478],"class_list":["post-62613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-nasdaq-100"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62613"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/58479"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}