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Nasdaq Market Update 2024-07-09

360MiQ 0

Nasdaq 100 slightly rose +0.06% (+13 pts), closed at 20453 points, rose 6 days in a row, hit a record high.

Among the 150 largest-cap stocks, 61 (41%) closed higher. 46% of all Nasdaq stocks ended higher.

In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to +0.7%. 5 sectors outperformed the market. The market was up +0.1%; Consumer Cyclical was up +0.7%, the best performer; Basic Materials was down -0.9%, the worst performer.

● Baidu (BIDU) largely rebounded +8.5% (+$7.46), closed at $95.41, the best % gain in nearly 17 months, crossed above MA20 ($90.2). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=BIDU

● PTC (PTC) plunged -5.3% (-$9.835) after a 4-day winning streak, closed at $177.485, the worst % loss in nearly 25 months, crossed below MA20 and MA50 ($178.4, $178.5). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PTC

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

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