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Nasdaq Market Update 2023-03-09

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Nasdaq 100 largely fell -1.8% (-219 pts), closed at 11996 points.

Among the 150 largest-cap stocks, 8 (5%) closed higher. Only 18% of all Nasdaq stocks ended higher, the least for 5 months.

In terms of sectors, all sectors were down with losses from -0.6% to -4.1%. 5 sectors outperformed the market. The market was down -2.1%; Utilities was down -0.6%, but already the best performer, reflecting a decreasing risk appetite; Financial was down -4.1%, the worst performer.

● argenx NV ADR (ARGX) rebounded 2.2% (+$7.42) after a 3-day losing streak, closed at $341.65, the best % gain in more than 1 month. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ARGX

● JD.com Inc Adr (JD) plunged -11.2% (-$5.28), closed at $41.7, the worst % loss in more than 4 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=JD

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

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