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Nasdaq Market Update 2023-07-26

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Nasdaq 100 fell -0.4% (-61.7 pts), closed at 15499 points.

Among the 150 largest-cap stocks, 69 (46%) closed higher. Despite Nasdaq 100 falling -0.4%, 62% of all Nasdaq stocks rose against the index.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 4 sectors closed down, 1 sector remained unchanged, ranging from -1.2% to 3.5%. 3 sectors outperformed the market. The market was up 0.3%; Communication was up 3.5%, the best performer, reflecting an increasing risk appetite; Technology was down -1.2%, the worst performer.

● Rivian Automotive (RIVN) largely rebounded 7.1% (+$1.79), closed at $27.145, hit a YTD high. The best performer but with average volume.
360miq.com/stockinfo?code=RIVN

● Alphabet Inc Class A (GOOGL) spiked 5.8% (+$7.13), closed at $129.34, rose 4 days in a row, the best % gain in more than 5 months, also hit a YTD high.
360miq.com/stockinfo?code=GOOGL

● CoStar Group (CSGP) largely retreated -8.1% (-$7.4), closed at $84.4, the worst % loss in nearly 17 months, also a 25-day low, crossed below MA20 and MA50 ($89.18, $84.46). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=CSGP

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

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