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Nasdaq Market Update 2024-12-05

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Nasdaq 100 slightly retreated -0.3% (-66.8 pts) after a 4-day winning streak, closed at 21425 points.

Among the 150 largest-cap stocks, 66 (44%) closed higher. 34% of all Nasdaq stocks ended higher.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, ranging from -2% to +1.2%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Consumer Cyclical was up +1.2%, the best performer; Basic Materials was down -2%, the worst performer.

● Ryanair Holdings PLC ADR (RYAAY) surged +5.5% (+$2.45), closed at $46.86, the best % gain in nearly 23 months, crossed above MA20 and MA50 ($44.7, $44.62). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=RYAAY

● Synopsys (SNPS) largely retreated -12.4% (-$72.71) after a 4-day winning streak, closed at $515.29, the worst % loss in more than 56 months, also a 23-day low, crossed below MA20, MA50 and MA200 ($552.8, $529.21, $549.4). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=SNPS

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

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