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Nasdaq Market Update 2024-03-20

360MiQ 0

Nasdaq 100 rose 1.2% (+208 pts), closed at 18240 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 117 (78%) closed higher, 100 of them rose with a lower volume. 75% of all Nasdaq stocks ended higher, the most in 1 month, good for the market.

In terms of sectors, all sectors were up with gains from 0.2% to 1.8%. 3 sectors outperformed the market. The market was up 1.3%; Financial was up 1.8%, the best performer; Real Estate was up 0.2%, but already the worst performer.

● Coinbase Global (COIN) largely rebounded 11.6% (+$26.73), closed at $256.85, hit a YTD high. The best performer but with average volume.
360miq.com/stockinfo?code=COIN

● Nasdaq (NDAQ) retreated -2.5% (-$1.56) after a 3-day winning streak, closed at $60.9, the worst % loss in more than 3 months. The largest increase in volume.
360miq.com/stockinfo?code=NDAQ

● BioNTech SE (BNTX) largely retreated -4.3% (-$4.05), closed at $90.07, the worst % loss in nearly 5 months, crossed below MA20 ($92.36). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=BNTX

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

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