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Nasdaq Market Update 2022-08-08

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Nasdaq 100 fell -0.4% (-48.8 pts), closed at 13159 points.

Among the 150 largest-cap stocks, 79 (53%) closed higher. For 2 days in a row, Nasdaq 100 fell but more than half of Nasdaq stocks ended higher. Today, 64% of all Nasdaq stocks rose against the index. The market is relatively strong.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 2 sectors closed down, 2 sectors remained unchanged, ranging from -0.6% to 1.7%. 10 sectors outperformed the market. The market was down -0.1%; Basic Materials was up 1.7%, the best performer; Technology was down -0.6%, the worst performer.

● Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) (PSNYW) jumped 11.9% (+$0.21), closed at $1.98, crossed above MA20 ($1.81). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=PSNYW

● Globalfoundries (GFS) surged 11.5% (+$6.13), closed at $59.215, the best % gain in nearly 5 months, also a 44-day high.
360miq.com/stockinfo?code=GFS

● BioNTech SE (BNTX) largely retreated -7.6% (-$13.91) after a 4-day winning streak, closed at $169.2, the worst % loss in nearly 2 months. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BNTX

● NVIDIA (NVDA) plummeted -6.3% (-$11.9), closed at $177.99, the worst % loss in nearly 2 months.
360miq.com/stockinfo?code=NVDA

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

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