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Nasdaq Market Update 2024-12-27

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Nasdaq 100 fell -1.4% (-295 pts), closed at 21473 points, rose +0.9% (+184 pts) for the week, crossed below MA20 (21504 pts).

Among the 150 largest-cap stocks, 19 (13%) closed higher, 16 of them rose with a lower volume. Only 26% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.1% to -2.3%. 8 sectors outperformed the market. The market was down -1.4%; Basic Materials, Energy, Utilities were down -0.1%, but already the best performers; Consumer Cyclical was down -2.3%, the worst performer.

● Tesla (TSLA) plunged -4.9% (-$22.47), closed at $431.66, rose +2.5% (+$10.6) for the week. The worst performer today but with average volume.
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