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Nasdaq Market Update 2022-07-05

360MiQ 0

Nasdaq 100 largely rose 1.7% (+194 pts), closed at 11780 points, is testing MA20 (11784 pts).

Among the 150 largest-cap stocks, 94 (63%) closed higher. 60% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -5.6% to 3.3%. only 2 sectors outperformed the market. Boosting by Communication and Consumer Cyclical, The market was up 1.9%; Communication was up 3.3%, the best performer, reflecting a more aggressive market sentiment; Energy was down -5.6%, the worst performer.

● Trip.com Group Ltd ADR (TCOM) largely retreated -6.4% (-$1.79), closed at $26. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=TCOM

● ASML Holding NV ADR (ASML) largely fell -3.9% (-$17.43), closed at $432.4, fell 6 days in a row, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=ASML

● BeiGene (BGNE) jumped 16.3% (+$27.2), closed at $194.15, the best % gain in more than 3 months, also a 57-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BGNE

● MongoDB (MDB) soared 13.2% (+$35.49), closed at $304.5, the best % gain in 1 month, also a 39-day high, crossed above MA20 and MA50 ($273.24, $281.25).
360miq.com/stockinfo?code=MDB

● Diamondback Energy (FANG) tumbled -5.8% (-$7.07), closed at $114.14, a 124-day low, crossed below MA200 ($120.37).
360miq.com/stockinfo?code=FANG

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

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