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Nasdaq Market Update 2023-07-27

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Nasdaq 100 slightly fell -0.2% (-34.1 pts), closed at 15465 points.

Among the 150 largest-cap stocks, 47 (31%) closed higher. Only 27% of all Nasdaq stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.3% to 0.8%. only 2 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Communication was up 0.8%, the best performer; Utilities was down -2.3%, the worst performer.

● BeiGene (BGNE) largely rose 3.4% (+$6.88), closed at $209.54, rose 3 days in a row, a 29-day high, crossed above MA50 ($205.85). The largest increase in volume.
360miq.com/stockinfo?code=BGNE

● Align Technology (ALGN) spiked 13.4% (+$45.54), closed at $385.39, the best % gain in more than 5 months, also hit a YTD high, crossed above MA20 ($347.97). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ALGN

● Lam Research Corp (LRCX) largely rebounded 9.3% (+$59.71), closed at $702.08, the best % gain in more than 8 months, also hit a YTD high.
360miq.com/stockinfo?code=LRCX

● eBay (EBAY) tumbled -10.4% (-$5.09), closed at $43.71, the worst % loss in more than 14 months, also a 21-day low, crossed below MA20, MA50 and MA200 ($46.52, $45.16, $43.9). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=EBAY

● Willis Towers Watson (WTW) plunged -8.8% (-$20.595), closed at $212.335, the worst % loss in nearly 2 years, also hit a YTD low, crossed below MA20, MA50 and MA200 ($230.89, $228.09, $232.38).
360miq.com/stockinfo?code=WTW

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

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