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Nasdaq Market Update 2024-09-16

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Nasdaq 100 fell -0.5% (-91.9 pts) after a 5-day winning streak, closed at 19423 points.

Among the 150 largest-cap stocks, 91 (61%) closed higher. Despite Nasdaq 100 falling -0.5%, 54% of all Nasdaq stocks rose against the index.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -1.2% to +1.7%. 9 sectors outperformed the market. The market was down -0.4%; Energy was up +1.7%, the best performer; Technology was down -1.2%, the worst performer.

● Summit Therapeutics (SMMT) largely retreated -7.7% (-$2.45), closed at $29.48, the worst % loss in nearly 2 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=SMMT

● Intel (INTC) spiked +6.4% (+$1.25), closed at $20.91, crossed above MA20 ($20.1). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=INTC

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

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