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Nasdaq Market Update 2024-06-27

360MiQ 0

Nasdaq 100 slightly rose +0.2% (+38 pts), closed at 19789 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 94 (63%) closed higher, 81 of them rose with a lower volume. 63% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 2 sectors closed down, 3 sectors remained unchanged, ranging from -0.3% to +1.2%. 6 sectors outperformed the market. The market was up +0.3%; Real Estate was up +1.2%, the best performer; Utilities, Consumer Defensive were down -0.3%, but already the worst performers.

● Super Micro Computer (SMCI) largely rebounded +7.1% (+$58.89), closed at $890.05, crossed above MA50 ($832.52). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=SMCI

● Micron Technology (MU) plunged -7.2% (-$10.25), closed at $132.11, the worst % loss in more than 21 months, crossed below MA20 ($136.78). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MU

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

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