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Nasdaq Market Update 2022-02-08

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Nasdaq 100 rose 1.2% (+176 pts), closed at 14747 points.

Among the 150 largest-cap stocks, 116 (77%) closed higher. 65% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -2.4% to 2.7%. 4 sectors outperformed the market. The market was up 1.1%; Basic Materials was up 2.7%, the best performer; Energy was down -2.4%, the worst performer.

● Pinduoduo (PDD) largely rebounded 12.8% (+$6.84), closed at $60.17, the best % gain in more than 5 months, crossed above MA20 and MA50 ($58.63, $58.52). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PDD

● Amgen (AMGN) spiked 7.8% (+$17.48), closed at $241.01, the best % gain in 19 months, also hit a YTD high, crossed above MA20 and MA200 ($228.72, $226.77). The largest increase in volume.
360miq.com/stockinfo?code=AMGN

● BioNTech SE (BNTX) tanked -7.5% (-$13.01), closed at $159.8. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=BNTX

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

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