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Nasdaq Market Update 2023-09-14

360MiQ 0

Nasdaq 100 rose 0.8% (+125 pts), closed at 15474 points.

Among the 150 largest-cap stocks, 119 (79%) closed higher. 68% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.6% to 1.9%. 7 sectors outperformed the market. The market was up 0.9%; Basic Materials was up 1.9%, the best performer; Consumer Cyclical was up 0.6%, but already the worst performer.

● Genmab AS (GMAB) largely rebounded 6.2% (+$2.24) after a 3-day losing streak, closed at $38.55, the best % gain in more than 1 month, crossed above MA20 and MA50 ($37.56, $38.45). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=GMAB

● Alnylam Pharmaceuticals (ALNY) largely retreated -8.8% (-$18.68) after a 3-day winning streak, closed at $192.97, the worst % loss in more than 6 months, crossed below MA20, MA50 and MA200 ($194.59, $194.08, $204.85). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ALNY

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

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