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Nasdaq Market Update 2024-01-18

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Nasdaq 100 rose 1.5% (+246 pts), closed at 16982 points, hit a record high.

Among the 150 largest-cap stocks, 114 (76%) closed higher. 52% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1.1% to 2.1%. only 2 sectors outperformed the market. Boosting by Technology and Communication, The market was up 1.3%; Technology was up 2.1%, the best performer, reflecting an increasing risk appetite; Utilities was down -1.1%, the worst performer.

● JIN MEDICAL INTERNATIONAL (ZJYL) largely rebounded 16.6% (+$16.22), closed at $113.96. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=ZJYL

● Coinbase Global (COIN) tumbled -7.1% (-$9.55), closed at $124.31, a 34-day low, crossed below MA50 ($134.21). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=COIN

● ASML Holding NV ADR (ASML) soared 4.5% (+$32.21), closed at $744.48, the best % gain in nearly 8 months, crossed above MA20 ($729.86). The largest increase in volume.
360miq.com/stockinfo?code=ASML

● Fastenal (FAST) soared 7.1% (+$4.53), closed at $67.91, the best % gain in 3 months, also hit a record high, crossed above MA20 ($64).
360miq.com/stockinfo?code=FAST

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

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