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Nasdaq Market Update 2023-10-30

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Nasdaq 100 rose 1.1% (+156 pts), closed at 14336 points.

Among the 150 largest-cap stocks, 117 (78%) closed higher. 63% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.6% to 1.9%. only 2 sectors outperformed the market. Boosting by Communication and Consumer Defensive, The market was up 1.2%; Communication was up 1.9%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.6%, the worst performer.

● BeiGene (BGNE) jumped 9.4% (+$16), closed at $186.445, the best % gain in nearly 7 months, also a 22-day high, crossed above MA20 ($172.12). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BGNE

● ON Semiconductor (ON) tanked -21.8% (-$18.22), closed at $65.3, the worst % loss in more than 43 months, also a 195-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ON

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

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