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Nasdaq Market Update 2024-09-04

360MiQ 0

Nasdaq 100 slightly fell -0.2% (-37.6 pts), closed at 18921 points.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 45% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -1.3% to +0.7%. 6 sectors outperformed the market. The market was down -0.3%; Consumer Defensive was up +0.7%, the best performer, reflecting a more risk-averse market; Energy was down -1.3%, the worst performer.

● Mondelez International (MDLZ) largely rose +4.2% (+$3.02), closed at $75.27, rose 3 days in a row, the best % gain in more than 52 months, also a 146-day high.
360miq.com/stockinfo?code=MDLZ

● Seagate Technology (STX) largely rebounded +4.1% (+$3.95), closed at $100.73, the best % gain in nearly 3 months, crossed above MA20 ($99.76).
360miq.com/stockinfo?code=STX

● Tesla (TSLA) largely rebounded +4.2% (+$8.81), closed at $219.41. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=TSLA

● Zscaler (ZS) plunged -18.7% (-$36.06), closed at $157.13, the worst % loss in more than 59 months, also a 65-day low, crossed below MA20 and MA50 ($187.87, $188.16). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ZS

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

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