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Nasdaq Market Update 2022-10-18

360MiQ 0

Nasdaq 100 rose 0.8% (+84.7 pts), closed at 11148 points.

Among the 150 largest-cap stocks, 117 (78%) closed higher. 68% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.2% to 1.8%. 7 sectors outperformed the market. The market was up 0.9%; Basic Materials, Real Estate were up 1.8%, the best performers; Healthcare was up 0.2%, but already the worst performer.

● Globalfoundries (GFS) soared 5.5% (+$2.71), closed at $52.42, the best % gain in nearly 2 months, crossed above MA20 ($51.5). The best performer but with average volume.
360miq.com/stockinfo?code=GFS

● Pinduoduo (PDD) jumped 5.2% (+$2.87), closed at $58.35.
360miq.com/stockinfo?code=PDD

● BioNTech SE (BNTX) largely retreated -3.8% (-$5.27), closed at $133.67, crossed below MA20 ($134.01). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=BNTX

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