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Nasdaq Market Update 2023-12-04

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Nasdaq 100 fell -1% (-158 pts), closed at 15840 points, the worst % loss in more than 1 month.

Among the 150 largest-cap stocks, 60 (40%) closed higher. Despite Nasdaq 100 falling -1%, 57% of all Nasdaq stocks rose against the index.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -1.6% to 0.8%. 7 sectors outperformed the market. The market was down -0.9%; Healthcare was up 0.8%, the best performer; Communication was down -1.6%, the worst performer.

● Globalfoundries (GFS) fell -2.2% (-$1.18), closed at $52.45, fell 3 days in a row. The largest increase in volume.
360miq.com/stockinfo?code=GFS

● IDEXX Laboratories (IDXX) spiked 7.1% (+$34.18), closed at $516.785, the best % gain in nearly 13 months, also an 80-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=IDXX

● Sirius XM (SIRI) largely retreated -6.4% (-$0.31), closed at $4.57, the worst % loss in more than 2 months, also a 21-day low, crossed below MA20 and MA50 ($4.83, $4.58). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=SIRI

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

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