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Nasdaq Market Update 2023-11-02

360MiQ 0

Nasdaq 100 largely rose 1.7% (+255 pts), closed at 14920 points, rose 5 days in a row, crossed above MA20 (14774 pts).

Among the 150 largest-cap stocks, 128 (85%) closed higher. 78% of all Nasdaq stocks ended higher, the most in 10 months, good for the market.

In terms of sectors, all sectors were up with gains from 1.1% to 2.9%. 8 sectors outperformed the market. The market was up 1.7%; Financial was up 2.9%, the best performer; Communication was up 1.1%, but already the worst performer.

● DoorDash Inc. Class A (DASH) soared 15.7% (+$11.88), closed at $87.78, rose 4 days in a row, the best % gain in more than 29 months, also a 66-day high, crossed above MA50 ($78.16). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=DASH

● Moderna (MRNA) sank -6.5% (-$4.985) after a 3-day winning streak, closed at $71.215, the worst % loss in more than 1 month, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=MRNA

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

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