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Nasdaq Market Update 2023-01-04

360MiQ 0

Nasdaq 100 rose 0.5% (+51.8 pts), closed at 10915 points.

Among the 150 largest-cap stocks, 117 (78%) closed higher. 73% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.9% to 2.4%. 6 sectors outperformed the market. The market was up 0.8%; Basic Materials, Consumer Cyclical were up 2.4%, the best performers; Energy was down -0.9%, the worst performer.

● Insulet (PODD) fell -2.3% (-$6.69), closed at $279.69, fell 3 days in a row, a 40-day low. The largest increase in volume.
360miq.com/stockinfo?code=PODD

● JD.com Inc Adr (JD) jumped 14.7% (+$8.46), closed at $66.1, the best % gain in more than 9 months, also a 143-day high, crossed above MA20 ($58.11). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=JD

● Baidu (BIDU) soared 10.6% (+$12.61), closed at $131.74, the best % gain in more than 7 months, also a 78-day high, crossed above MA200 ($124.69).
360miq.com/stockinfo?code=BIDU

● Ryanair Holdings PLC ADR (RYAAY) jumped 10.3% (+$7.69), closed at $82.21, the best % gain in nearly 26 months, also a 143-day high, crossed above MA20 and MA200 ($76.78, $75.51).
360miq.com/stockinfo?code=RYAAY

● BeiGene (BGNE) surged 7.2% (+$16.26), closed at $242.89, the best % gain in nearly 3 months, also a 230-day high.
360miq.com/stockinfo?code=BGNE

● Microsoft (MSFT) tumbled -4.4% (-$10.57), closed at $229.01, fell 3 days in a row, the worst % loss in more than 2 months, also a 36-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MSFT

● Datadog (DDOG) tumbled -4.4% (-$3.15), closed at $68.94, fell 3 days in a row.
360miq.com/stockinfo?code=DDOG

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

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