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The Nasdaq Composite closed sharply lower on January 27, 2025, shedding 612.47 points, or 3.07%, to end the day at 19,341.83. The sell-off was driven primarily by a sharp decline in technology stocks, with industry giant Nvidia experiencing a significant 17% drop in share price. This marked one of the steepest single-day declines for the tech-heavy index in recent months.