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Nasdaq Market Update 2024-08-16

360MiQ 0

Nasdaq 100 slightly rose +0.1% (+18.5 pts), closed at 19509 points, rose 7 days in a row, rose +5.4% (+996 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 68 (45%) closed higher, 55 of them rose with a lower volume. 56% of all Nasdaq stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -0.7% to +0.8%. 3 sectors outperformed the market. The market was up +0.1%; Communication was up +0.8%, the best performer; Energy was down -0.7%, the worst performer.

● JD.com Inc Adr (JD) soared +5.4% (+$1.46), closed at $28.46, the best % gain in 1 month, also a 25-day high, rose +10% (+$2.58) for the week, rose 2 weeks in a row, crossed above MA50 ($27.1). The largest increase in volume today.
360miq.com/stockinfo?code=JD

● Li Auto Inc (LI) soared +6.4% (+$1.23), closed at $20.43, the best % gain in more than 1 month, rose +2.7% (+$0.54) for the week, rose 3 weeks in a row, crossed above MA20 and MA50 ($19.39, $19.47). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=LI

● BioNTech SE (BNTX) largely retreated -4.3% (-$3.79) after a 3-day winning streak, closed at $83.46, rose +3.3% (+$2.66) for the week after a 2-week losing streak, crossed below MA50 ($85.37). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=BNTX

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

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