The Nasdaq fell 5.5% to 24,315 on Nov 5, its worst day since April 2025. Does it close below 24,000 on Nov 10?

The Nasdaq Composite did not close below 24,000 on Nov. 10; instead, U.S. stocks staged a sharp rally that day, with the index climbing roughly 2.7%, or about 674 points, to close near 25,253, according to wire reports. The rebound came five trading days after the index's worst single-session decline since April 2025, a 5.5% plunge on Nov. 5 that left it at 24,315 amid a selloff in artificial-intelligence and chip stocks. The bounce into Nov. 10 was helped by a sharp drop in oil prices, with Brent crude falling roughly 5.8%, which eased inflation worries even as individual AI bellwethers such as Nvidia slipped. The market had been whipsawed through early November by concerns over stretched AI-related valuations, cautious commentary from Federal Reserve officials, and anticipation of a delayed Consumer Price Index report due that week. By the close of the Nov. 10 session, the Nasdaq had clawed back well above the 24,000 threshold that had briefly looked within reach during the Nov. 5 rout. The community leaned correctly on this one: 60% of Predict Six voters predicted the index would stay above 24,000, consistent with how quickly it recovered from its early-November low.