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Nasdaq Market Update 2023-03-23

360MiQ 0

Nasdaq 100 rebounded 1.3% (+162 pts), closed at 12729 points.

Among the 150 largest-cap stocks, 95 (63%) closed higher. Despite Nasdaq 100 rising 1.3%, only 47% of all Nasdaq stocks follow suit.

In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -1.5% to 1.8%. 3 sectors outperformed the market. The market was up 1%; Communication was up 1.8%, the best performer; Financial was down -1.5%, the worst performer.

● Sanofi ADR (SNY) soared 6% (+$2.91), closed at $51.7, rose 4 days in a row, the best % gain in more than 3 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=SNY

● Netflix (NFLX) largely rebounded 9% (+$26.45), closed at $320.35, the best % gain in 5 months, crossed above MA20 ($307.83). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NFLX

● Liberty Media Corp SiriusXM A (LSXMA) largely fell -3.7% (-$0.98), closed at $25.3, hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LSXMA

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

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