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Nasdaq Market Update 2023-03-20

360MiQ 0

Nasdaq 100 slightly rose 0.3% (+42.6 pts), closed at 12563 points.

Among the 150 largest-cap stocks, 115 (77%) closed higher, 102 of them rose with a lower volume. 50% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to 1.9%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.3%; Basic Materials was up 1.9%, the best performer; Consumer Cyclical was down -0.4%, but already the worst performer.

● Cincinnati Financial (CINF) largely rebounded 5.3% (+$5.51), closed at $110.42, the best % gain in more than 1 month, crossed above MA200 ($106.94). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=CINF

● Pinduoduo (PDD) tumbled -14.2% (-$13.04), closed at $78.9, the worst % loss in nearly 5 months, also hit a YTD low, crossed below MA20 ($89.32). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=PDD

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

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