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Nasdaq Market Update 2022-08-15

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Nasdaq 100 rose 0.7% (+101 pts), closed at 13667 points, a 78-day high.

Among the 150 largest-cap stocks, 104 (69%) closed higher. 58% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -2.8% to 1.1%. 4 sectors outperformed the market. The market was up 0.6%; Consumer Defensive, Healthcare were up 1.1%, the best performers, reflecting a more conservative market sentiment; Energy was down -2.8%, the worst performer.

● Rivian Automotive (RIVN) largely fell -4.2% (-$1.64), closed at $37.26. The worst performer but with average volume.
360miq.com/stockinfo?code=RIVN

● Gilead Sciences (GILD) jumped 5.2% (+$3.26), closed at $66.22, the best % gain in nearly 19 months, also a 133-day high, crossed above MA200 ($63.1). The largest increase in volume.
360miq.com/stockinfo?code=GILD

● Illumina (ILMN) largely rebounded 8.8% (+$18.26), closed at $226.58, the best % gain in 7 months, crossed above MA20 ($213.74). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ILMN

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

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