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Nasdaq Market Update 2022-05-20

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Nasdaq 100 slightly fell -0.3% (-40.4 pts), closed at 11836 points, fell 3 days in a row, hit a YTD low, fell -4.4% (-551 pts) for the week, fell 7 weeks in a row.

Among the 150 largest-cap stocks, 89 (59%) closed higher. 48% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -2.1% to 0.9%. 6 sectors outperformed the market. The market was down -0.3%; Healthcare was up 0.9%, the best performer; Consumer Cyclical was down -2.1%, the worst performer.

● Palo Alto Networks (PANW) jumped 9.6% (+$41.98), closed at $478.35, the best % gain in nearly 3 months, fell -2.6% (-$12.66) for the week, fell 5 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=PANW

● Ross Stores (ROST) plunged -22.5% (-$20.84), closed at $71.86, fell 3 days in a row, hit a YTD low, fell -21.9% (-$20.2) for the week, fell 4 weeks in a row. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ROST

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

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