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Benzinga
Benzinga
Business
Piero Cingari

Nasdaq 100 Faces Worst November Since 2008 As AI Boom Hits A Wall

Nasdaq 100 way down

Tech stocks rarely falter in November unless major disruptions hit the market — and this year, troubling signals are already starting to emerge.

November has historically been the best-performing month for the Nasdaq 100, averaging gains of 2.64% since 1985 and closing higher 70% of the time.

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