Press "Enter" to skip to content

Nasdaq Market Update 2023-02-07

360MiQ 0

Nasdaq 100 largely rose 2.1% (+263 pts), closed at 12728 points.

Among the 150 largest-cap stocks, 120 (80%) closed higher. 58% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to 3.3%. 3 sectors outperformed the market. The market was up 2%; Communication was up 3.3%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was down -0.4%, but already the worst performer.

● Lucid Group (LCID) largely retreated -3.4% (-$0.41), closed at $11.55. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=LCID

● Skyworks Solutions (SWKS) largely rebounded 12.5% (+$13.7), closed at $122.98, the best % gain in more than 34 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SWKS

● Baidu (BIDU) soared 12.2% (+$17.39) after a 3-day losing streak, closed at $160.21, hit a YTD high.
360miq.com/stockinfo?code=BIDU

● Cincinnati Financial (CINF) soared 10.7% (+$12.32), closed at $127.6, the best % gain in nearly 27 months, also hit a YTD high.
360miq.com/stockinfo?code=CINF

● Zoom Video Communications (ZM) largely rebounded 9.8% (+$7.57), closed at $84.64, the best % gain in nearly 3 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=ZM

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

Got a stock? Ask 360MiQ

  1. Hi, I’m your virtual stock assistant.

    Please enter a stock code or company name with an optional exchange code:

    ▪ AAPL
    ▪ Berkshire Hathaway
    ▪ 7203 TYO

CloseSpeechSendAvatar