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Nasdaq Market Update 2023-06-01

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Nasdaq 100 rose 1.3% (+188 pts), closed at 14442 points, hit a YTD high.

Among the 150 largest-cap stocks, 109 (73%) closed higher, 91 of them rose with a lower volume. 67% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to 2.1%. 6 sectors outperformed the market. The market was up 1.2%; Energy was up 2.1%, the best performer; Utilities was down -0.4%, but already the worst performer.

● Baidu (BIDU) surged 6.5% (+$7.97), closed at $130.82, the best % gain in more than 3 months, crossed above MA20 and MA200 ($123.92, $124.5). The best performer but with average volume.
360miq.com/stockinfo?code=BIDU

● Dollar Tree (DLTR) largely fell -3.9% (-$5.3), closed at $129.58, fell 3 days in a row, hit a YTD low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=DLTR

● JD.com Inc Adr (JD) surged 6% (+$1.95), closed at $34.55.
360miq.com/stockinfo?code=JD

● Constellation Energy Corp (CEG) spiked 5.8% (+$4.86), closed at $88.88, the best % gain in more than 6 months, also hit a YTD high.
360miq.com/stockinfo?code=CEG

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

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