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Nasdaq Market Update 2022-08-18

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Nasdaq 100 slightly rebounded 0.3% (+35 pts), closed at 13506 points.

Among the 150 largest-cap stocks, 78 (52%) closed higher. 55% of all Nasdaq stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -0.9% to 4%. 6 sectors outperformed the market. The market was up 0.1%; Energy was up 4%, the best performer; Healthcare was down -0.9%, the worst performer.

● ON Semiconductor (ON) largely rebounded 7.2% (+$4.93), closed at $73.22, hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ON

● Walgreens Boots Alliance (WBA) plummeted -6.4% (-$2.62), closed at $38.25, the worst % loss in more than 1 month, also a 23-day low, crossed below MA20 and MA50 ($39.6, $39.51). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=WBA

● NetEase (NTES) sank -6% (-$5.46), closed at $86.12, the worst % loss in 2 months, also a 69-day low.
360miq.com/stockinfo?code=NTES

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

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