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Nasdaq Market Update 2022-08-02

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Nasdaq 100 slightly fell -0.3% (-39.4 pts), closed at 12902 points.

Among the 150 largest-cap stocks, 62 (41%) closed higher. 53% of all Nasdaq stocks ended higher.

In terms of sectors, 4 sectors closed up, 6 sectors closed down, 2 sectors remained unchanged, ranging from -1.3% to 1%. 6 sectors outperformed the market. The market was down -0.1%; Energy was up 1%, the best performer; Basic Materials was down -1.3%, the worst performer.

● Airbnb Inc (ABNB) soared 4.7% (+$5.22), closed at $116.42, rose 5 days in a row, a 36-day high. The largest increase in volume.
360miq.com/stockinfo?code=ABNB

● Monolithic Power Systems (MPWR) spiked 9.3% (+$43.1), closed at $505.4, the best % gain in more than 2 months, also an 85-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MPWR

● Expeditors International of Washington (EXPD) largely fell -3.9% (-$4.2) after a 4-day winning streak, closed at $102.28, the worst % loss in nearly 2 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=EXPD

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

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