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Nasdaq Market Update 2024-10-16

360MiQ 0

Nasdaq 100 slightly rebounded +0.07% (+14 pts), closed at 20174 points.

Among the 150 largest-cap stocks, 87 (58%) closed higher. 74% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.4% to +2.7%. 6 sectors outperformed the market. The market was up +0.2%; Utilities was up +2.7%, the best performer, reflecting a more risk-averse market; Consumer Defensive was down -0.4%, but already the worst performer.

● United Airlines (UAL) soared +12.4% (+$7.97), closed at $72.0165, rose 5 days in a row, the best % gain in nearly 6 months, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=UAL

● ASML Holding NV ADR (ASML) tumbled -6.4% (-$46.91), closed at $683.52, hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=ASML

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

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