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Nasdaq Market Update 2023-12-08

360MiQ 0

Nasdaq 100 rose 0.4% (+62.7 pts), closed at 16085 points, hit a YTD high, rose 0.5% (+87 pts) for the week, rose 6 weeks in a row.

Among the 150 largest-cap stocks, 78 (52%) closed higher. 56% of all Nasdaq stocks ended higher.

In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -0.6% to 0.9%. 5 sectors outperformed the market. The market was up 0.3%; Technology was up 0.9%, the best performer; Consumer Defensive was down -0.6%, the worst performer.

● Coinbase Global (COIN) surged 7.7% (+$10.46), closed at $146.645, the best % gain in 1 month, also hit a YTD high, rose 9.6% (+$12.89) for the week, rose 6 weeks in a row. The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=COIN

● Alnylam Pharmaceuticals (ALNY) largely retreated -4.1% (-$7.19), closed at $170.07, the worst % loss in nearly 2 months, fell -0.8% (-$1.34) for the week. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=ALNY

● Arm Holdings plc ADS (ARM) surged 7.7% (+$4.79), closed at $67.23, hit a record high, rose 5.2% (+$3.33) for the week, rose 4 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=ARM

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

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