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Nasdaq Market Update 2023-06-27

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Nasdaq 100 largely rebounded 1.7% (+257 pts), closed at 14946 points, crossed above MA20 (14725 pts).

Among the 150 largest-cap stocks, 125 (83%) closed higher. 61% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.6% to 2.2%. 3 sectors outperformed the market. The market was up 1.5%; Consumer Cyclical, Technology were up 2.2%, the best performers; Healthcare was down -0.6%, the worst performer.

● Old Dominion Freight Line (ODFL) surged 7.4% (+$24.66), closed at $359.2, the best % gain in nearly 5 months, also a 94-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ODFL

● Walgreens Boots Alliance (WBA) tumbled -9.3% (-$2.95), closed at $28.64, the worst % loss in 31 months, also hit a record low, crossed below MA20 ($31.35). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=WBA

● Regeneron Pharmaceuticals (REGN) sank -8.7% (-$68.19), closed at $716.19, the worst % loss in 39 months, also a 108-day low, crossed below MA20, MA50 and MA200 ($757.38, $764.99, $750.64).
360miq.com/stockinfo?code=REGN

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

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