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Nasdaq Market Update 2023-06-13

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Nasdaq 100 rose 0.8% (+117 pts), closed at 14901 points, rose 4 days in a row, hit a YTD high.

Among the 150 largest-cap stocks, 114 (76%) closed higher. 68% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 2.5%. 6 sectors outperformed the market. The market was up 0.8%; Basic Materials was up 2.5%, the best performer; Utilities was down -0.1%, but already the worst performer.

● Baidu (BIDU) surged 6.2% (+$8.28), closed at $142.64, a 45-day high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=BIDU

● Steel Dynamics (STLD) surged 6% (+$6.07), closed at $107.12, the best % gain in more than 4 months, also a 34-day high, crossed above MA50 ($101.03).
360miq.com/stockinfo?code=STLD

● BioNTech SE (BNTX) soared 5.4% (+$5.9), closed at $115.69, rose 3 days in a row, crossed above MA50 ($113.41).
360miq.com/stockinfo?code=BNTX

● Advanced Micro Devices (AMD) largely retreated -3.6% (-$4.66) after a 3-day winning streak, closed at $124.53. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=AMD

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

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