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Nasdaq Market Update 2023-06-06

360MiQ 0

Nasdaq 100 slightly rose 0.01% (+1.09 pts), closed at 14558 points, rose 4 days in a row, hit a YTD high.

Among the 150 largest-cap stocks, 80 (53%) closed higher, 69 of them rose with a lower volume. 74% of all Nasdaq stocks ended higher, the most in 4 months, good for the market.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.7% to 2.1%. 6 sectors outperformed the market. The market was up 0.4%; Basic Materials was up 2.1%, the best performer; Consumer Defensive was down -0.7%, the worst performer.

● Pinduoduo (PDD) largely rebounded 7% (+$4.75), closed at $72.805, a 42-day high. The best performer but with average volume.
360miq.com/stockinfo?code=PDD

● Illumina (ILMN) largely retreated -3.6% (-$7.54) after a 4-day winning streak, closed at $203.02, crossed below MA200 ($209.97). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=ILMN

● GE HealthCare Technologies (GEHC) largely rose 3.1% (+$2.45), closed at $82.945, rose 5 days in a row, a 29-day high. The largest increase in volume.
360miq.com/stockinfo?code=GEHC

● Li Auto Inc (LI) soared 6.3% (+$1.9), closed at $32, rose 4 days in a row, hit a YTD high.
360miq.com/stockinfo?code=LI

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

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