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Nasdaq Market Update 2023-10-24

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Nasdaq 100 rose 1% (+141 pts), closed at 14746 points.

Among the 150 largest-cap stocks, 124 (83%) closed higher. 63% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.4% to 1.7%. 5 sectors outperformed the market. The market was up 1.1%; Consumer Cyclical, Utilities were up 1.7%, the best performers, reflecting a more aggressive market sentiment; Energy was down -0.4%, but already the worst performer.

● Illumina (ILMN) largely fell -2.8% (-$3.4), closed at $116.07, fell 5 days in a row, hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=ILMN

● Li Auto Inc (LI) surged 7.2% (+$2.33), closed at $34.8, the best % gain in nearly 2 months, crossed above MA20 ($34.15). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=LI

● ICON (ICLR) largely rebounded 6.2% (+$13.71), closed at $236.54, the best % gain in more than 9 months, crossed above MA200 ($230.46).
360miq.com/stockinfo?code=ICLR

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

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