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Nasdaq Market Update 2024-09-25

360MiQ 0

Nasdaq 100 slightly rose +0.1% (+27.6 pts), closed at 19973 points, rose 3 days in a row, a 49-day high.

Among the 150 largest-cap stocks, 47 (31%) closed higher, 38 of them rose with a lower volume. Only 32% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, the market internal was more negative, ranging from -2% to +0.9%. only 2 sectors outperformed the market. The market remained unchanged; Utilities was up +0.9%, the best performer, reflecting a more conservative market sentiment; Energy was down -2%, the worst performer.

● Trip.com Group Ltd ADR (TCOM) largely retreated -3.7% (-$1.98) after a 5-day winning streak, closed at $51.08, the worst % loss in 1 month. The largest increase in volume.
360miq.com/stockinfo?code=TCOM

● argenx NV ADR (ARGX) largely rebounded +5.6% (+$29.25) after a 3-day losing streak, closed at $549.01, the best % gain in 3 months, crossed above MA20 ($532.04). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ARGX

● DraftKings (DKNG) largely rebounded +5% (+$1.96), closed at $41.1, the best % gain in more than 1 month, also a 65-day high.
360miq.com/stockinfo?code=DKNG

● Amgen (AMGN) plummeted -5.5% (-$18.06), closed at $312.86, fell 3 days in a row, the worst % loss in more than 7 months, also a 33-day low, crossed below MA20 and MA50 ($330.07, $328.21). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=AMGN

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

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