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Nasdaq Market Update 2023-08-28

360MiQ 0

Nasdaq 100 rose 0.7% (+110 pts), closed at 15052 points.

Among the 150 largest-cap stocks, 127 (85%) closed higher, 109 of them rose with a lower volume. 63% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 3.1%. only 1 sector outperformed the market. Boosting by Consumer Cyclical, The market was up 1.1%; Consumer Cyclical was up 3.1%, the best performer, reflecting an increasing risk appetite; Utilities was down -0.1%, but already the worst performer.

● VinFast Auto (VFS) jumped 19.7% (+$13.53), closed at $82.3, rose 6 days in a row, hit a record high. The best performer but with average volume.
360miq.com/stockinfo?code=VFS

● Horizon Pharma (HZNP) soared 5.1% (+$5.44), closed at $112.11, rose 7 days in a row, the best % gain in more than 8 months, also a 71-day high. The largest increase in volume.
360miq.com/stockinfo?code=HZNP

● Crowdstrike (CRWD) largely retreated -3.7% (-$5.58), closed at $144, a 36-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=CRWD

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

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