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Nasdaq Market Update 2023-10-10

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Nasdaq 100 rose 0.6% (+84.5 pts), closed at 15132 points, rose 3 days in a row, crossed above MA50 (15083 pts).

Among the 150 largest-cap stocks, 125 (83%) closed higher. 71% of all Nasdaq stocks ended higher, the most in more than 1 month, good for the market.

In terms of sectors, all sectors were up with gains from 0.2% to 1.4%. 6 sectors outperformed the market. The market was up 0.6%; Consumer Cyclical was up 1.4%, the best performer; Energy, Communication were up 0.2%, but already the worst performers.

● Electronic Arts (EA) largely rose 2.8% (+$3.46), closed at $128.05, rose 5 days in a row, the best % gain in nearly 3 months, also a 48-day high. The largest increase in volume.
360miq.com/stockinfo?code=EA

● DoorDash Inc. Class A (DASH) spiked 7.1% (+$5.37), closed at $81.45, rose 3 days in a row, the best % gain in nearly 8 months, crossed above MA20 and MA50 ($77.97, $80.04). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=DASH

● Netflix (NFLX) largely retreated -3.3% (-$12.73), closed at $373.22, is testing MA200 ($372.24). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=NFLX

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

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