**Nasdaq 100 Technical: Bullish Breakout Falters Amid Rising Geopolitical Risk**

In the realm of US stock indices, the Nasdaq 100 stands out for its pronounced sensitivity to market fluctuations, largely attributed to its significant allocation of growth-driven artificial intelligence-focused component stocks. As the fourth quarter commenced on October 1, this tech-heavy index experienced a notable 1.4% downturn, marking its most substantial single-day decline in recent memory.

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