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Nasdaq Market Update 2022-03-09

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Nasdaq 100 jumped 3.6% (+474 pts) after a 4-day losing streak, closed at 13742 points, the best % gain in nearly 1 year.

Among the 150 largest-cap stocks, 134 (89%) closed higher. 82% of all Nasdaq stocks ended higher, the most in more than 19 months, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -2.1% to 4.3%. only 2 sectors outperformed the market. Boosting by Technology and Communication, The market was up 3.7%; Technology was up 4.3%, the best performer, reflecting a more aggressive market sentiment; Energy was down -2.1%, the worst performer.

● Vodafone Group (VOD) largely rebounded 2.8% (+$0.44) after a 4-day losing streak, closed at $16.03, the best % gain in 1 month. The largest increase in volume.
360miq.com/stockinfo?code=VOD

● MongoDB (MDB) jumped 18.6% (+$52.27), closed at $334.01, the best % gain in 6 months. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MDB

● Diamondback Energy (FANG) largely fell -3.3% (-$4.38), closed at $130.06, crossed below MA20 ($131.84). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=FANG

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

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