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Nasdaq Market Update 2023-08-23

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Nasdaq 100 largely rose 1.6% (+239 pts), closed at 15148 points.

Among the 150 largest-cap stocks, 132 (88%) closed higher. 68% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 2.2%. only 2 sectors outperformed the market. Boosting by Communication and Technology, The market was up 1.6%; Communication was up 2.2%, the best performer, reflecting an increasing risk appetite; Healthcare, Energy were up 0.4%, but already the worst performers.

● DexCom (DXCM) retreated -2.4% (-$2.61), closed at $104.37, a 144-day low. The worst performer but with average volume.
360miq.com/stockinfo?code=DXCM

● BeiGene (BGNE) surged 4.6% (+$8.85), closed at $203.13, crossed above MA20 and MA50 ($200.33, $195.14). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BGNE

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

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