NASDAQ Composite Index Closes Down 2.41% at 22,948.02 Points
The NASDAQ composite index closed down 2.41% at 22,948.02 points according to unofficial trading results. This significant decline reflects broader market pressures affecting the technology-heavy index during the trading session.
*this image is generated using AI for illustrative purposes only.
The NASDAQ composite index experienced a significant decline during its latest trading session, with unofficial closing figures showing the index down 2.41% at 22,948.02 points.
Market Performance Overview
The technology-heavy NASDAQ composite index faced selling pressure throughout the trading session, ultimately closing at 22,948.02 points. This represents a decline of 2.41% from the previous session's close, marking a notable drop for the index.
| Market Metric: | Value |
|---|---|
| Closing Level: | 22,948.02 points |
| Daily Change: | -2.41% |
| Status: | Unofficial close |
The decline reflects the broader market sentiment during the trading session, with the NASDAQ joining other major indices in experiencing downward pressure. The 2.41% drop represents a significant single-session decline for the composite index, which tracks a broad range of companies listed on the NASDAQ exchange.
Index Composition Impact
The NASDAQ composite index, known for its heavy weighting toward technology and growth companies, saw widespread selling across its constituent stocks. The 22,948.02 closing level indicates the collective performance of the thousands of companies that make up this broad-based index.
The unofficial nature of these closing figures suggests that final settlement and reconciliation processes are still ongoing, though such adjustments typically result in minimal changes to the reported levels.
20
