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Nasdaq Market Update 2024-07-29

360MiQ 0

Nasdaq 100 slightly rose +0.2% (+35.5 pts), closed at 19059 points.

Among the 150 largest-cap stocks, 89 (59%) closed higher. Only 32% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -1% to +1.2%. 3 sectors outperformed the market. The market was up +0.1%; Consumer Cyclical was up +1.2%, the best performer; Financial was down -1%, the worst performer.

● Arm Holdings (ARM) sank -5.1% (-$7.56), closed at $141.44, fell 4 days in a row, a 32-day low. The worst performer but with average volume.
360miq.com/stockinfo?code=ARM

● Liberty Media Corporation Series A Liberty SiriusXM (LSXMA) rose +1.8% (+$0.41), closed at $23.03, crossed above MA20 ($22.78). The largest increase in volume.
360miq.com/stockinfo?code=LSXMA

● ON Semiconductor (ON) jumped +11.5% (+$8.09), closed at $78.26, the best % gain in more than 20 months, crossed above MA20, MA50 and MA200 ($73.98, $72.72, $74.41). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ON

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

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