Nasdaq 100 Index Closes Modestly Higher, Storage and Semiconductor Equipment Stocks Strengthen

TechFlow reported that on October 28, according to Bitget market data, during U.S. trading hours, the Nasdaq 100 Index was quoted at 29,668.01 points, up 0.06%. Constituents were mixed; medical device, storage, and semiconductor equipment-related stocks performed strongly, while oilfield services, freight logistics, semiconductor testing, and payroll services-related stocks pulled back.

Among gainers, GE HealthCare (GEHC.O) rose 7.39% to USD 76.36, primarily engaged in medical devices and diagnostic services such as medical imaging, ultrasound, and patient monitoring; Micron Technology (MU.O) rose 4.21% to USD 967.84, mainly providing memory chip products such as DRAM and NAND; SanDisk (SNDK.O) rose 4.20% to USD 1,359.66, mainly providing flash memory and solid-state storage products; Lam Research (LRCX.O) rose 3.33% to USD 248.87, primarily supplying etching, deposition, and other wafer fabrication equipment needed for semiconductor manufacturing; Applied Materials (AMAT.O) rose 2.91% to USD 407.44, mainly providing semiconductor and display panel manufacturing equipment and process solutions.

Among decliners, Baker Hughes (BKR.O) fell 6.10% to USD 55.40, primarily engaged in oilfield services, energy equipment, and related technology solutions; Old Dominion Freight Line (ODFL.O) fell 5.69% to USD 176.38, mainly providing U.S. less-than-truckload freight and logistics transportation services; Teradyne (TER.O) fell 5.37% to USD 306.31, mainly providing semiconductor automatic test equipment and industrial automation products; PACCAR (PCAR.O) fell 2.49% to USD 101.15, primarily engaged in medium- and heavy-duty truck manufacturing and related parts business; Automatic Data Processing (ADP.O) fell 2.11% to USD 286.93, mainly providing payroll, human resource management, and outsourcing services.

Source: TechFlow