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Nasdaq Market Update 2022-09-01

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Nasdaq 100 slightly rose 0.02% (+2.63 pts) after a 4-day losing streak, closed at 12275 points.

Among the 150 largest-cap stocks, 76 (51%) closed higher. Only 33% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -3% to 1.1%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Communication was up 1.1%, the best performer; Basic Materials was down -3%, the worst performer.

● Moderna (MRNA) largely rebounded 5.1% (+$6.73), closed at $139. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MRNA

● MongoDB (MDB) sank -25.4% (-$81.85), closed at $241.01, fell 5 days in a row, a 52-day low, crossed below MA50 ($317.73). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=MDB

● Datadog (DDOG) plunged -7.4% (-$7.75), closed at $97.2, the worst % loss in 2 months, also a 24-day low, crossed below MA50 ($103.66).
360miq.com/stockinfo?code=DDOG

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

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