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Nasdaq Market Update 2024-10-01

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Nasdaq 100 fell -1.4% (-288 pts), closed at 19773 points.

Among the 150 largest-cap stocks, 43 (29%) closed higher. Only 28% of all Nasdaq stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -2.7% to +1.7%. 10 sectors outperformed the market. Dragging by Technology, The market was down -1.3%; Energy was up +1.7%, the best performer; Technology was down -2.7%, the worst performer.

● Paychex (PAYX) spiked +4.9% (+$6.6), closed at $140.79, the best % gain in 1.5 years, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=PAYX

● Li Auto Inc (LI) spiked +11.5% (+$2.95), closed at $28.6, a 101-day high, crossed above MA200 ($26.26). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=LI

● Coinbase Global (COIN) tanked -7.4% (-$13.16), closed at $165.01, crossed below MA20 ($165.76). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=COIN

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

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