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Nasdaq Market Update 2024-01-22

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Nasdaq 100 slightly rose 0.09% (+16.4 pts), closed at 17330 points, rose 3 days in a row, hit a record high.

Among the 150 largest-cap stocks, 99 (66%) closed higher. 73% of all Nasdaq stocks ended higher, the most in 1 month, good for the market.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -0.5% to 1.1%. 6 sectors outperformed the market. The market was up 0.3%; Industrials was up 1.1%, the best performer; Consumer Cyclical was down -0.5%, the worst performer.

● Synopsys (SNPS) jumped 4.7% (+$24.56), closed at $541.87, the best % gain in nearly 8 months, crossed above MA50 ($528.19). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=SNPS

● Zscaler (ZS) largely rose 4.2% (+$9.64), closed at $240.93, rose 3 days in a row, the best % gain in more than 2 months, also a 443-day high.
360miq.com/stockinfo?code=ZS

● Gilead Sciences (GILD) plummeted -10.2% (-$8.87), closed at $78.42, the worst % loss in nearly 109 months, also a 27-day low, crossed below MA20 and MA50 ($83.32, $79.7). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=GILD

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

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