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Nasdaq Market Update 2023-10-31

360MiQ 0

Nasdaq 100 rose 0.5% (+73.8 pts), closed at 14410 points, rose 3 days in a row, fell -2.1% (-305 pts) for the month.

Among the 150 largest-cap stocks, 118 (79%) closed higher. 63% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.1% to 1.5%. 6 sectors outperformed the market. The market was up 0.4%; Real Estate was up 1.5%, the best performer; Communication was down -0.1%, but already the worst performer.

● Monolithic Power Systems (MPWR) jumped 9.4% (+$37.96), closed at $441.96, the best % gain in 5 months, fell -4.3% (-$20.04) for the month. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=MPWR

● ON Semiconductor (ON) largely fell -4.1% (-$2.71), closed at $62.63, a 204-day low, fell -32.6% (-$30.32) for the month. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=ON

● Li Auto Inc (LI) largely fell -3.7% (-$1.3) after a 3-day winning streak, closed at $33.82, fell -5.1% (-$1.83) for the month, crossed below MA20 ($34.02).
360miq.com/stockinfo?code=LI

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

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