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Nasdaq Market Update 2024-09-24

360MiQ 0

Nasdaq 100 rose +0.5% (+92.8 pts), closed at 19945 points, a 48-day high.

Among the 150 largest-cap stocks, 94 (63%) closed higher, 80 of them rose with a lower volume. 56% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -1.1% to +1.2%. 3 sectors outperformed the market. The market was up +0.6%; Consumer Cyclical was up +1.2%, the best performer; Consumer Defensive was down -1.1%, the worst performer.

● JD.com Inc Adr (JD) jumped +13.9% (+$4.14), closed at $33.9, the best % gain in more than 6 months, also an 86-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=JD

● Li Auto Inc (LI) spiked +11.4% (+$2.52), closed at $24.72, rose 4 days in a row, an 87-day high.
360miq.com/stockinfo?code=LI

● PDD (PDD) jumped +11.2% (+$11.5), closed at $113.8, the best % gain in nearly 10 months, also a 20-day high. The largest increase in volume.
360miq.com/stockinfo?code=PDD

● Trip.com Group Ltd ADR (TCOM) spiked +8.1% (+$3.97), closed at $53.06, rose 5 days in a row, an 84-day high.
360miq.com/stockinfo?code=TCOM

● First Citizens BancShares (FCNCA) plunged -5.1% (-$98.93), closed at $1856.96, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($1919.87, $1948.37). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=FCNCA

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

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