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Nasdaq Market Update 2023-08-25

360MiQ 0

Nasdaq 100 rebounded 0.8% (+126 pts), closed at 14942 points, rose 1.7% (+247 pts) for the week after a 3-week losing streak.

Among the 150 largest-cap stocks, 117 (78%) closed higher. 53% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 5.9%. only 1 sector outperformed the market. Boosting by Consumer Cyclical, The market was up 1.3%; Consumer Cyclical was up 5.9%, the best performer, reflecting a more aggressive market sentiment; Financial remained unchanged, but already the worst performer.

● VinFast Auto (VFS) spiked 41.6% (+$20.37), closed at $69.28, rose 5 days in a row, hit a record high, rose 349.9% (+$53.88) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=VFS

● Marvell Technology Group (MRVL) tumbled -6.6% (-$3.755), closed at $53.515, a 62-day low, fell -7.1% (-$4.075) for the week. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=MRVL

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

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