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Nasdaq Market Update 2024-11-19

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Nasdaq 100 rose +0.7% (+146 pts), closed at 20685 points.

Among the 150 largest-cap stocks, 77 (51%) closed higher. 56% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.7% to +1.4%. only 2 sectors outperformed the market. Boosting by Technology and Communication, The market was up +1.1%; Technology was up +1.4%, the best performer; Energy, Basic Materials were down -0.7%, the worst performers.

● Telefonaktiebolaget LM Ericsson B ADR (ERIC) largely rose +3.1% (+$0.25), closed at $8.31, the best % gain in 1 month, crossed above MA20 ($8.29). The largest increase in volume.
360miq.com/stockinfo?code=ERIC

● MicroStrategy Incorporated (MSTR) surged +11.9% (+$45.75), closed at $430.54, rose 3 days in a row, hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MSTR

● Intuit (INTU) tumbled -5.1% (-$34.64), closed at $644.17, fell 4 days in a row, the worst % loss in nearly 3 months, crossed below MA20 ($648.17). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=INTU

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

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