LOS ANGELES: The Nasdaq Composite ended the trading day Monday down 9.49% from where it started at the beginning of January, marking its worst month since March 2020 -- the start of the spread of the COVID-19 pandemic in the U.S.
The Nasdaq opened Jan. 3, the first trading day of 2022, at 15,732.50. On Monday, Jan. 31, it closed the at 14,239.88. While that's up 3.41% from where it began the day, the month-long performance is the worst January the Nasdaq has seen since the tech-heavy stock market index's 10% fall in 2008 amid the global financial crisis.
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