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Nasdaq Market Update 2024-09-23

360MiQ 0

Nasdaq 100 slightly rose +0.3% (+61.2 pts), closed at 19852 points, a 47-day high.

Among the 150 largest-cap stocks, 94 (63%) closed higher, 82 of them rose with a lower volume. 41% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1.4% to +1.6%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.1%; Consumer Cyclical, Energy were up +1.6%, the best performers, reflecting an increasing risk appetite; Healthcare was down -1.4%, the worst performer.

● Tesla (TSLA) largely rebounded +4.9% (+$11.75), closed at $250, a 43-day high. The best performer but with average volume.
360miq.com/stockinfo?code=TSLA

● Regeneron Pharmaceuticals (REGN) plunged -4.6% (-$53.05), closed at $1091.98, the worst % loss in nearly 15 months, also a 31-day low, crossed below MA50 ($1129.89). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=REGN

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

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