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Nasdaq Market Update 2024-11-14

360MiQ 0

Nasdaq 100 fell -0.7% (-139 pts), closed at 20897 points, fell 4 days in a row.

Among the 150 largest-cap stocks, 44 (29%) closed higher. Only 31% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -2.2% to +0.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.7%; Energy, Technology were up +0.2%, but already the best performers; Consumer Cyclical was down -2.2%, the worst performer.

● NetEase (NTES) largely rebounded +10.4% (+$7.94), closed at $84.22, the best % gain in nearly 32 months, also a 22-day high, crossed above MA20 and MA50 ($80.04, $83.59). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=NTES

● BioNTech SE (BNTX) largely retreated -7.1% (-$7.92), closed at $103.56, the worst % loss in nearly 2 months, also a 45-day low, crossed below MA20 ($110.42). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=BNTX

● JD.com Inc Adr (JD) plummeted -6.6% (-$2.34), closed at $33.35, fell 3 days in a row, a 35-day low.
360miq.com/stockinfo?code=JD

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

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