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Nasdaq Market Update 2023-08-10

360MiQ 0

Nasdaq 100 slightly rebounded 0.2% (+26.8 pts), closed at 15129 points, is testing MA50 (15135 pts).

Among the 150 largest-cap stocks, 78 (52%) closed higher. 44% of all Nasdaq stocks ended higher.

In terms of sectors, 3 sectors closed up, 6 sectors closed down, 3 sectors remained unchanged, ranging from -1.7% to 0.7%. only 1 sector outperformed the market. The market was up 0.1%; Consumer Cyclical was up 0.7%, the best performer; Basic Materials was down -1.7%, the worst performer.

● MercadoLibre (MELI) largely rebounded 5.2% (+$68.43), closed at $1381.09, hit a YTD high. The best performer but with average volume.
360miq.com/stockinfo?code=MELI

● Trade Desk (TTD) plunged -4.5% (-$3.62), closed at $77.31, fell 3 days in a row, a 22-day low, crossed below MA50 ($80.33). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=TTD

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

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