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Nasdaq Market Update 2023-07-17

360MiQ 0

Nasdaq 100 rose 0.9% (+147 pts), closed at 15713 points, hit a YTD high.

Among the 150 largest-cap stocks, 105 (70%) closed higher. 64% of all Nasdaq stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -0.5% to 1.4%. only 2 sectors outperformed the market. The market was up 0.8%; Technology was up 1.4%, the best performer; Utilities, Real Estate were down -0.5%, the worst performers.

● argenx NV ADR (ARGX) surged 27.3% (+$103.57), closed at $482.645, rose 3 days in a row, the best % gain in more than 37 months, also hit a record high, crossed above MA20 and MA50 ($391.24, $397.53). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ARGX

● SBA Communications Corp (SBAC) sank -7.3% (-$17.82), closed at $225.95, the worst % loss in nearly 40 months, crossed below MA20 and MA50 ($232.6, $230.72). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=SBAC

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

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