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Nasdaq Market Update 2024-12-02

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Nasdaq 100 rose +1.1% (+235 pts), closed at 21165 points, hit a record high.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 51% 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 -2.1% to +1.6%. 3 sectors outperformed the market. The market was up +1%; Communication was up +1.6%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -2.1%, the worst performer.

● Super Micro Computer (SMCI) largely rebounded +28.7% (+$9.36), closed at $42, a 22-day high, crossed above MA50 ($37.37). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SMCI

● BeiGene (BGNE) largely retreated -4.3% (-$9.25) after a 3-day winning streak, closed at $205.75, crossed below MA50 ($212.41). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BGNE

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

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