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Nasdaq Market Update 2022-01-26

360MiQ 0

Nasdaq 100 slightly rebounded 0.2% (+23.8 pts), closed at 14173 points.

Among the 150 largest-cap stocks, 50 (33%) closed higher. Only 33% of all Nasdaq stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, the market internal was more negative, ranging from -2% to 0.8%. only 2 sectors outperformed the market. The market was up 0.1%; Technology was up 0.8%, the best performer; Basic Materials was down -2%, the worst performer.

● ON Semiconductor (ON) largely rebounded 4.7% (+$2.48), closed at $55.8, the best % gain in 1 month. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ON

● Broadcom (AVGO) largely rebounded 4.3% (+$22.87), closed at $557.01, the best % gain in more than 1 month.
360miq.com/stockinfo?code=AVGO

● Pinduoduo (PDD) tumbled -9.2% (-$5.455), closed at $54.045, fell 4 days in a row, crossed below MA20 ($57.91). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=PDD

● Automatic Data Processing (ADP) plummeted -8.9% (-$19.33), closed at $197.55, the worst % loss in more than 22 months, also an 82-day low, crossed below MA200 ($211.3). The largest increase in volume.
360miq.com/stockinfo?code=ADP

360miq.com/market?data=NASDAQ#tab-3

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