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Nasdaq Market Update 2024-02-29

360MiQ 0

Nasdaq 100 rose 0.9% (+169 pts), closed at 18044 points, hit a record high, rose 5.3% (+907 pts) for the month.

Among the 150 largest-cap stocks, 91 (61%) closed higher. 62% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1.2% to 1.5%. 4 sectors outperformed the market. The market was up 0.9%; Utilities was up 1.5%, the best performer; Healthcare was down -1.2%, the worst performer.

● Okta (OKTA) surged 22.9% (+$20.01), closed at $107.305, rose 6 days in a row, the best % gain in nearly 15 months, also hit a YTD high, rose 29.8% (+$24.66) for the month. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=OKTA

● Xcel Energy (XEL) plummeted -8.7% (-$5.02), closed at $52.65, the worst % loss in 47 months, also hit a YTD low, fell -12.1% (-$7.22) for the month. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=XEL

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

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