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Nasdaq Market Update 2023-08-18

360MiQ 0

Nasdaq 100 slightly fell -0.1% (-21.2 pts), closed at 14695 points, fell 4 days in a row, a 37-day low, fell -2.2% (-333 pts) for the week, fell 3 weeks in a row.

Among the 150 largest-cap stocks, 78 (52%) closed higher. 55% of all Nasdaq stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -1.4% to 1%. 9 sectors outperformed the market. The market was down -0.3%; Energy was up 1%, the best performer; Communication was down -1.4%, the worst performer.

● Li Auto Inc (LI) largely retreated -4.9% (-$2.01), closed at $38.81, fell -4.1% (-$1.66) for the week, fell 2 weeks in a row. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=LI

● Regeneron Pharmaceuticals (REGN) rose 2% (+$15.67) after a 3-day losing streak, closed at $812.4, an 85-day high, rose 0.7% (+$5.45) for the week, rose 6 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=REGN

● Ross Stores (ROST) largely rebounded 5% (+$5.67), closed at $118.73, the best % gain in nearly 9 months, also a 140-day high, rose 4.7% (+$5.34) for the week, rose 2 weeks in a row, crossed above MA20 ($113.72). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=ROST

● JD.com Inc Adr (JD) plummeted -4.8% (-$1.66), closed at $33.1, fell 4 days in a row, a 54-day low, fell -9.2% (-$3.36) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=JD

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

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