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Nasdaq Market Update 2024-08-14

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Nasdaq 100 slightly rose +0.09% (+16.7 pts), closed at 19023 points, rose 5 days in a row.

Among the 150 largest-cap stocks, 77 (51%) closed higher, 67 of them rose with a lower volume. 39% of all Nasdaq stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -2% to +0.4%. 7 sectors outperformed the market. The market was down -0.4%; Financial, Technology were up +0.4%, but already the best performers; Communication was down -2%, the worst performer.

● Applovin Corp (APP) soared +5.8% (+$4.66), closed at $84.45, a 20-day high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=APP

● Starbucks (SBUX) largely retreated -4.1% (-$3.895), closed at $92.005, the worst % loss in more than 3 months. The worst performer but with average volume.
360miq.com/stockinfo?code=SBUX

● Alphabet Inc Class A (GOOGL) largely retreated -3.7% (-$6.04), closed at $158.12, a 75-day low.
360miq.com/stockinfo?code=GOOGL

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