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Nasdaq Market Update 2022-07-20

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Nasdaq 100 largely rose 1.6% (+191 pts), closed at 12440 points, a 27-day high.

Among the 150 largest-cap stocks, 109 (73%) closed higher. 73% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 8 sectors closed up, 2 sectors closed down, 2 sectors remained unchanged, ranging from -1.1% to 2.2%. 3 sectors outperformed the market. The market was up 1.6%; Consumer Cyclical was up 2.2%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1.1%, the worst performer.

● Coinbase Global (COIN) surged 14.3% (+$9.44), closed at $75.27, rose 5 days in a row, the best % gain in 2 months, also a 33-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=COIN

● Netflix (NFLX) soared 7.3% (+$14.73), closed at $216.36, rose 4 days in a row, a 60-day high.
360miq.com/stockinfo?code=NFLX

● Baker Hughes Co (BKR) largely retreated -8.3% (-$2.33) after a 3-day winning streak, closed at $25.89, the worst % loss in 25 months, also a 130-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BKR

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

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