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Nasdaq Market Update 2023-03-02

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Nasdaq 100 rose 0.9% (+106 pts), closed at 12045 points.

Among the 150 largest-cap stocks, 113 (75%) closed higher. 50% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.7% to 1.6%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.8%; Communication, Utilities were up 1.6%, the best performers; Consumer Cyclical was down -0.7%, the worst performer.

● DexCom (DXCM) spiked 9.5% (+$10.51), closed at $121.27, hit a YTD high, crossed above MA20 and MA50 ($112.9, $110.95). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=DXCM

● argenx NV ADR (ARGX) tanked -6.4% (-$23.51), closed at $345.44, the worst % loss in more than 9 months, also hit a YTD low, crossed below MA200 ($367.12). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ARGX

● Principal Financial Group (PFG) largely retreated -5.5% (-$5.05), closed at $86.18, the worst % loss in more than 8 months, also a 37-day low, crossed below MA20 and MA50 ($90.47, $88.82).
360miq.com/stockinfo?code=PFG

● Tesla (TSLA) sank -5.8% (-$11.81), closed at $190.96, fell 3 days in a row, the worst % loss in 1 month, crossed below MA20 ($200.4).
360miq.com/stockinfo?code=TSLA

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

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