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Nasdaq Market Update 2023-12-28

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Nasdaq 100 slightly fell -0.05% (-8.53 pts) after a 4-day winning streak, closed at 16898 points.

Among the 150 largest-cap stocks, 86 (57%) closed higher, 71 of them rose with a lower volume. 48% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 5 sectors closed down, 2 sectors remained unchanged, ranging from -1% to 0.4%. 5 sectors outperformed the market. The market remained unchanged; Utilities was up 0.4%, but already the best performer, reflecting a more conservative market sentiment; Energy was down -1%, the worst performer.

● Arm Holdings plc ADS (ARM) spiked 4.3% (+$3.22), closed at $77.465, rose 5 days in a row, hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=ARM

● JIN MEDICAL INTERNATIONAL (ZJYL) soared 43.2% (+$53.19), closed at $176.19, hit a record high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ZJYL

● Tesla (TSLA) largely retreated -3.2% (-$8.27), closed at $253.17. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TSLA

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