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Nasdaq Market Update 2024-07-31

360MiQ 0

Nasdaq 100 largely rebounded +3% (+566 pts), closed at 19362 points, the best % gain in nearly 1.5 years, fell -1.6% (-321 pts) for the month.

Among the 150 largest-cap stocks, 110 (73%) closed higher. 66% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +3.7%. 3 sectors outperformed the market. The market was up +2.3%; Technology was up +3.7%, the best performer, reflecting a more aggressive market sentiment; Financial remained unchanged, but already the worst performer.

● NVIDIA (NVDA) largely rebounded +12.9% (+$13.35), closed at $117.075, the best % gain in 5 months, fell -5.2% (-$6.465) for the month. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=NVDA

● Constellation Energy Corp (CEG) largely rebounded +12.6% (+$21.3), closed at $189.99, the best % gain in 5 months, fell -5.1% (-$10.28) for the month.
360miq.com/stockinfo?code=CEG

● Broadcom (AVGO) largely rebounded +11.8% (+$16.89), closed at $160.41, the best % gain in more than 1 month, fell -0.09% (-$0.14) for the month, crossed above MA50 ($155.76).
360miq.com/stockinfo?code=AVGO

● Verisk Analytics (VRSK) sank -8.6% (-$24.51) after a 3-day winning streak, closed at $261.48, the worst % loss in 41 months, also a 36-day low, fell -3% (-$8.07) for the month, crossed below MA20 and MA50 ($277.11, $267.54). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=VRSK

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

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