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Nasdaq Market Update 2024-03-06

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Nasdaq 100 rebounded 0.7% (+120 pts), closed at 18018 points.

Among the 150 largest-cap stocks, 104 (69%) closed higher. 61% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.2% to 1.5%. 9 sectors outperformed the market, the market internal was more positive. The market was up 0.3%; Basic Materials was up 1.5%, the best performer; Communication was down -1.2%, the worst performer.

● MicroStrategy Incorporated (MSTR) largely rebounded 18.5% (+$194.88), closed at $1245.89. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=MSTR

● JD.com Inc Adr (JD) largely rebounded 16.2% (+$3.48), closed at $24.92, the best % gain in more than 23 months, also a 36-day high, crossed above MA20 and MA50 ($23.14, $24.08).
360miq.com/stockinfo?code=JD

● Mobileye Global Inc. Class A (MBLY) largely rebounded 11.3% (+$2.83), closed at $27.79, a 26-day high, crossed above MA20 ($25.88). The largest increase in volume.
360miq.com/stockinfo?code=MBLY

● Crowdstrike (CRWD) largely rebounded 10.7% (+$31.87) after a 3-day losing streak, closed at $329.43, the best % gain in nearly 16 months, crossed above MA20 ($319.51).
360miq.com/stockinfo?code=CRWD

● Palo Alto Networks (PANW) tumbled -4.3% (-$12.46), closed at $278.67, fell 5 days in a row. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=PANW

● Pinduoduo (PDD) largely fell -3.9% (-$4.7), closed at $116.63, fell 3 days in a row, the worst % loss in 1 month, also hit a YTD low.
360miq.com/stockinfo?code=PDD

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

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