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Nasdaq Market Update 2024-01-16

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Nasdaq 100 slightly fell -0.01% (-2.29 pts) after a 6-day winning streak, closed at 16831 points.

Among the 150 largest-cap stocks, 53 (35%) closed higher. Only 27% of all Nasdaq stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.1% to 0.3%. only 1 sector outperformed the market, the market internal was more negative. The market was down -0.3%; Technology was up 0.3%, but already the best performer; Energy was down -2.1%, the worst performer.

● JIN MEDICAL INTERNATIONAL (ZJYL) surged 32% (+$25.9), closed at $106.92. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ZJYL

● ANSYS (ANSS) plunged -5.5% (-$19.09), closed at $327.39, the worst % loss in more than 5 months, crossed below MA20 ($338.37). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ANSS

● Genmab AS (GMAB) tanked -5.2% (-$1.65), closed at $29.96, fell 5 days in a row, the worst % loss in nearly 3 months, also a 45-day low, crossed below MA20 and MA50 ($31.53, $31.38).
360miq.com/stockinfo?code=GMAB

● Trade Desk (TTD) tumbled -4.8% (-$3.19), closed at $63.77, fell 3 days in a row, the worst % loss in 2 months, also a 41-day low.
360miq.com/stockinfo?code=TTD

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

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