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Nasdaq Market Update 2024-10-14

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Nasdaq 100 rose +0.8% (+167 pts), closed at 20439 points, a 66-day high.

Among the 150 largest-cap stocks, 103 (69%) closed higher. 56% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.8% to +1.5%. only 2 sectors outperformed the market. The market was up +0.9%; Technology was up +1.5%, the best performer; Energy was down -0.8%, the worst performer.

● Coinbase Global (COIN) soared +11.3% (+$19.97), closed at $196.35, the best % gain in nearly 3 months, also a 32-day high, crossed above MA50 ($178.89). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=COIN

● PDD (PDD) largely retreated -6% (-$8.73), closed at $136.03, the worst % loss in more than 1 month. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=PDD

● MicroStrategy Incorporated (MSTR) largely retreated -5.1% (-$10.92), closed at $201.67, the worst % loss in more than 1 month.
360miq.com/stockinfo?code=MSTR

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