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Nasdaq Market Update 2024-12-06

360MiQ 0

Nasdaq 100 rose +0.9% (+197 pts), closed at 21622 points, hit a record high, rose +3.3% (+692 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 88 (59%) closed higher. 61% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -2.3% to +2.9%. 3 sectors outperformed the market. The market was up +0.8%; Consumer Cyclical was up +2.9%, the best performer, reflecting an increasing risk appetite; Energy was down -2.3%, the worst performer.

● DocuSign (DOCU) surged +27.9% (+$23.31), closed at $106.99, hit a YTD high, rose +34.3% (+$27.3) for the week. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=DOCU

● Lululemon Athletica (LULU) soared +15.9% (+$54.79), closed at $399.6, rose 7 days in a row, the best % gain in 6 years, also a 178-day high, rose +24.6% (+$78.94) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=LULU

● Tradeweb Markets (TW) largely retreated -3.9% (-$5.28), closed at $130.84, the worst % loss in nearly 3 months, fell -3.4% (-$4.56) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($132.9, $131.44). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=TW

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

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