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Nasdaq Market Update 2023-11-16

360MiQ 0

Nasdaq 100 slightly rose 0.1% (+16.2 pts), closed at 15833 points, rose 3 days in a row, an 85-day high.

Among the 150 largest-cap stocks, 65 (43%) closed higher. Only 32% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -3.4% to 1%. 3 sectors outperformed the market. The market was up 0.2%; Communication was up 1%, the best performer; Energy was down -3.4%, the worst performer.

● Intel (INTC) surged 6.8% (+$2.75), closed at $43.36, rose 3 days in a row, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=INTC

● Cisco Systems (CSCO) plummeted -9.9% (-$5.255), closed at $48.025, the worst % loss in nearly 1.5 years, also a 121-day low, crossed below MA20 and MA200 ($52.29, $50.76). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=CSCO

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

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