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Nasdaq Market Update 2024-06-20

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Nasdaq 100 fell -0.8% (-157 pts) after a 7-day winning streak, closed at 19752 points.

Among the 150 largest-cap stocks, 73 (49%) closed higher. 43% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 5 sectors closed down, ranging from -1.9% to +1.4%. 10 sectors outperformed the market. The market was down -0.7%; Energy was up +1.4%, the best performer; Technology was down -1.9%, the worst performer.

● Gilead Sciences (GILD) largely rebounded +8.5% (+$5.36), closed at $68.51, the best % gain in more than 19 months, also a 49-day high, crossed above MA20 and MA50 ($64.1, $65.11). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=GILD

● Arm Holdings (ARM) largely retreated -7.6% (-$13.29), closed at $160.84, the worst % loss in 2 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=ARM

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

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