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Nasdaq Market Update 2024-03-01

360MiQ 0

Nasdaq 100 rose 1.4% (+259 pts), closed at 18303 points, hit a record high, rose 2% (+365 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 100 (67%) closed higher. 60% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.9% to 1.8%. 3 sectors outperformed the market. The market was up 1.1%; Healthcare was up 1.8%, the best performer; Utilities was down -0.9%, the worst performer.

● NetApp (NTAP) spiked 18.1% (+$16.11), closed at $105.235, rose 3 days in a row, hit a record high, rose 20.4% (+$17.83) for the week, rose 2 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=NTAP

● Broadcom (AVGO) surged 7.6% (+$98.21), closed at $1398.7, the best % gain in more than 2 months, also hit a record high, rose 7.9% (+$102.33) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=AVGO

● Zscaler (ZS) largely retreated -9.5% (-$22.88), closed at $219.09, fell -6.9% (-$16.14) for the week, fell 3 weeks in a row, crossed below MA50 ($233.05). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ZS

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

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