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Nasdaq Market Update 2023-03-14

360MiQ 0

Nasdaq 100 largely rose 2.3% (+277 pts), closed at 12200 points, the best % gain in more than 1 month, crossed above MA20 (12167 pts).

Among the 150 largest-cap stocks, 127 (85%) closed higher. 70% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.5% to 2.8%. 4 sectors outperformed the market. The market was up 2.2%; Communication was up 2.8%, the best performer, reflecting a more aggressive market sentiment; Industrials was up 0.5%, but already the worst performer.

● Insulet (PODD) largely rose 3.1% (+$9.29), closed at $312.73, hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=PODD

● Meta Platforms (META) jumped 7.2% (+$13.1), closed at $194, the best % gain in more than 1 month, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=META

● VEON (VEON) largely fell -3.1% (-$0.49), closed at $15.21, fell 4 days in a row, hit a record low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=VEON

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

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