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Nasdaq Market Update 2024-12-24

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Nasdaq 100 rose +1.4% (+295 pts), closed at 21798 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 136 (91%) closed higher, but all with a lower volume. 68% of all Nasdaq stocks ended higher, the most in 1 month, good for the market.

In terms of sectors, all sectors were up with gains from +0.4% to +3%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Energy, The market was up +1.2%; Consumer Cyclical was up +3%, the best performer, reflecting an increasing risk appetite; Utilities, Healthcare were up +0.4%, but already the worst performers.

● MicroStrategy Incorporated (MSTR) largely rebounded +7.8% (+$25.95), closed at $358.18. The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=MSTR

● Super Micro Computer (SMCI) jumped +6% (+$1.93), closed at $34.33, rose 3 days in a row. The largest increase in volume.
360miq.com/stockinfo?code=SMCI

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