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Nasdaq Market Update 2023-12-20

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Nasdaq 100 fell -1.5% (-258 pts) after a 3-day winning streak, closed at 16554 points, the worst % loss in nearly 2 months.

Among the 150 largest-cap stocks, 7 (5%) closed higher. Only 27% of all Nasdaq stocks ended higher, the least for more than 1 month.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.4% to 0.3%. 4 sectors outperformed the market, the market internal was more negative. The market was down -1.3%; Communication was up 0.3%, but already the best performer; Healthcare was down -2.4%, the worst performer.

● JIN MEDICAL INTERNATIONAL (ZJYL) largely retreated -26.2% (-$29.875), closed at $84.005, the worst % loss in 2 months. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=ZJYL

● argenx NV ADR (ARGX) tumbled -25.1% (-$113.46), closed at $339.12, fell 4 days in a row, a 198-day low, crossed below MA200 ($443.76). The largest increase in volume.
360miq.com/stockinfo?code=ARGX

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

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