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Nasdaq Market Update 2025-01-08

360MiQ 0

Nasdaq 100 slightly rebounded +0.04% (+7.97 pts), closed at 21181 points.

Among the 150 largest-cap stocks, 82 (55%) closed higher. Only 32% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 5 sectors closed down, 2 sectors remained unchanged, ranging from -0.7% to +0.5%. 8 sectors outperformed the market. The market was down -0.2%; Consumer Defensive was up +0.5%, the best performer, reflecting a decreasing risk appetite; Communication was down -0.7%, the worst performer.

● eBay (EBAY) spiked +9.9% (+$6.23), closed at $69.4, rose 3 days in a row, the best % gain in nearly 26 months, also a 785-day high, crossed above MA20 ($63.63). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=EBAY

● ON Semiconductor (ON) plummeted -7% (-$4.42), closed at $58.31, the worst % loss in 4 months, also a 559-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ON

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

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