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Nasdaq Market Update 2024-12-17

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Nasdaq 100 retreated -0.4% (-95.9 pts), closed at 22001 points.

Among the 150 largest-cap stocks, 55 (37%) closed higher. 35% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -0.9% to +0.7%. only 2 sectors outperformed the market, the market internal was more negative. The market was down -0.3%; Consumer Cyclical was up +0.7%, the best performer; Industrials, Financial were down -0.9%, the worst performers.

● Sanofi ADR (SNY) largely rebounded +6.6% (+$3.05) after a 7-day losing streak, closed at $48.94, the best % gain in more than 2 years, also a 22-day high, crossed above MA20 ($48.01). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=SNY

● Marvell Technology Group (MRVL) largely retreated -10% (-$12.53), closed at $112.25, the worst % loss in 5 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MRVL

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

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