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Nasdaq Market Update 2022-07-01

360MiQ 0

Nasdaq 100 rebounded 0.7% (+81.7 pts), closed at 11586 points, fell -4.3% (-520 pts) for the week.

Among the 150 largest-cap stocks, 113 (75%) closed higher. 64% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.1% to 2.2%. 8 sectors outperformed the market. The market was up 0.8%; Consumer Cyclical, Real Estate were up 2.2%, the best performers; Technology was up 0.1%, but already the worst performer.

● Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) (PSNYW) largely rebounded 17.5% (+$0.29) after a 4-day losing streak, closed at $1.95, fell -29.9% (-$0.83) for the week. The best performer today but with average volume.
360miq.com/stockinfo?code=PSNYW

● Lam Research Corp (LRCX) tanked -7.3% (-$31.22), closed at $394.93, fell 5 days in a row, hit a YTD low, fell -12.3% (-$55.26) for the week. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=LRCX

● KLA-Tencor (KLAC) sank -7.1% (-$22.75), closed at $296.33, fell 5 days in a row, the worst % loss in more than 5 months, also hit a YTD low, fell -12.7% (-$43.17) for the week.
360miq.com/stockinfo?code=KLAC

● ON Semiconductor (ON) plunged -6.9% (-$3.47), closed at $46.84, fell 4 days in a row, hit a YTD low, fell -11.6% (-$6.13) for the week.
360miq.com/stockinfo?code=ON

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

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