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Nasdaq Market Update 2024-10-04

360MiQ 0

Nasdaq 100 rose +1.2% (+242 pts), closed at 20035 points, rose +0.1% (+26 pts) for the week, rose 4 weeks in a row.

Among the 150 largest-cap stocks, 120 (80%) closed higher. 68% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.1% to +2.5%. 3 sectors outperformed the market. The market was up +1.2%; Consumer Cyclical was up +2.5%, the best performer, reflecting an increasing risk appetite; Real Estate was down -0.1%, but already the worst performer.

● MicroStrategy Incorporated (MSTR) spiked +8% (+$13.1), closed at $176.51, a 52-day high, rose +0.2% (+$0.29) for the week, rose 4 weeks in a row. The best performer today but with average volume.
360miq.com/stockinfo?code=MSTR

● argenx NV ADR (ARGX) fell -2.4% (-$13.04), closed at $529.95, fell -1.1% (-$6.16) for the week, crossed below MA20 ($536.38). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=ARGX

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

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