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Nasdaq Market Update 2024-12-03

360MiQ 0

Nasdaq 100 slightly rose +0.3% (+64.3 pts), closed at 21229 points, rose 3 days in a row, hit a record high.

Among the 150 largest-cap stocks, 61 (41%) closed higher. 37% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to +0.7%. only 2 sectors outperformed the market. The market was up +0.3%; Communication was up +0.7%, the best performer; Healthcare was down -0.9%, the worst performer.

● Zscaler (ZS) tumbled -4.7% (-$9.87), closed at $198.64, the worst % loss in nearly 3 months, crossed below MA20 ($203.33). The largest increase in volume.
360miq.com/stockinfo?code=ZS

● Applovin Corp (APP) surged +7.6% (+$25.96), closed at $366.55, rose 3 days in a row, hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=APP

● Microchip Technology (MCHP) largely retreated -7% (-$4.92), closed at $65.39, the worst % loss in 4 months, crossed below MA20 ($68.03). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MCHP

● Intel (INTC) plunged -6.1% (-$1.46), closed at $22.47, the worst % loss in nearly 3 months, also a 21-day low, crossed below MA50 ($23.48).
360miq.com/stockinfo?code=INTC

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

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