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Nasdaq Market Update 2022-09-08

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Nasdaq 100 rose 0.5% (+62.2 pts), closed at 12321 points.

Among the 150 largest-cap stocks, 115 (77%) closed higher. 61% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.7% to 2.4%. 5 sectors outperformed the market. The market was up 0.5%; Healthcare was up 2.4%, the best performer; Communication was down -0.7%, the worst performer.

● Regeneron Pharmaceuticals (REGN) spiked 18.8% (+$112.36), closed at $708.8, a 96-day high, crossed above MA20, MA50 and MA200 ($613.21, $605.25, $632.55). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=REGN

● Rivian Automotive (RIVN) spiked 10.9% (+$3.63), closed at $36.88, rose 4 days in a row, the best % gain in nearly 4 months, crossed above MA20 ($34.36).
360miq.com/stockinfo?code=RIVN

● Kraft Heinz Co (KHC) largely fell -3.3% (-$1.25), closed at $36.07, the worst % loss in more than 1 month, also a 55-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=KHC

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

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