Nasdaq Market Update 2024-08-21
Nasdaq 100 rose +0.5% (+105 pts), closed at 19825 points, a 25-day high.
Among the 150 largest-cap stocks, 121 (81%) closed higher. 71% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to +1.1%. 6 sectors outperformed the market. The market was up +0.5%; Basic Materials, Industrials, Utilities were up +1.1%, the best performers; Communication was down -0.1%, but already the worst performer.
● Applovin Corp (APP) surged +5% (+$4.31), closed at $90.89, hit a YTD high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=APP
● Ross Stores (ROST) largely rose +4.2% (+$6.25), closed at $153.95, hit a record high.
360miq.com/stockinfo?code=ROST
● JD.com, Inc. Inc Adr (JD) largely fell -4.2% (-$1.17), closed at $27.02, crossed below MA50 ($27.03). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=JD
360miq.com/market?data=NASDAQ#tab-3
