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Nasdaq Market Update 2023-01-24

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Nasdaq 100 slightly retreated -0.2% (-26.4 pts), closed at 11847 points.

Among the 150 largest-cap stocks, 55 (37%) closed higher, 45 of them rose with a lower volume. 44% of all Nasdaq stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -1.3% to 0.3%. 8 sectors outperformed the market. The market was down -0.4%; Consumer Defensive, Industrials were up 0.3%, but already the best performers, reflecting a more conservative market sentiment; Communication was down -1.3%, the worst performer.

● PACCAR (PCAR) surged 8.6% (+$8.79), closed at $111.04, rose 3 days in a row, the best % gain in 2 years, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=PCAR

● Enphase Energy (ENPH) largely retreated -4% (-$9.09), closed at $219.35, a 124-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=ENPH

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