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Nasdaq Market Update 2023-01-03

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Nasdaq 100 fell -0.7% (-77.4 pts), closed at 10863 points.

Among the 150 largest-cap stocks, 65 (43%) closed higher. Despite Nasdaq 100 falling -0.7%, 52% of all Nasdaq stocks rose against the index.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -4.4% to 1.3%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.5%; Communication was up 1.3%, the best performer; Energy was down -4.4%, the worst performer.

● Constellation Energy Corp (CEG) plunged -5% (-$4.29), closed at $81.92, the worst % loss in nearly 2 months, also a 53-day low. The largest increase in volume.
360miq.com/stockinfo?code=CEG

● NetEase (NTES) soared 5.3% (+$3.84), closed at $76.47, the best % gain in more than 1 month, also a 58-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=NTES

● PayPal (PYPL) surged 4.7% (+$3.34), closed at $74.56, rose 3 days in a row, the best % gain in more than 1 month.
360miq.com/stockinfo?code=PYPL

● Meta Platforms (META) largely rose 3.7% (+$4.43), closed at $124.77, rose 3 days in a row, a 45-day high.
360miq.com/stockinfo?code=META

● Tesla (TSLA) largely retreated -12.3% (-$15.135) after a 3-day winning streak, closed at $108.045, the worst % loss in nearly 28 months, also a 601-day low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TSLA

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

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