Nasdaq 100 largely rose 2% (+299 pts), closed at 15160 points, crossed above MA200 (15150 pts).
Among the 150 largest-cap stocks, 113 (75%) closed higher. 63% of all Nasdaq stocks ended higher.
In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.2% to 3.3%. 3 sectors outperformed the market. The market was up 1.9%; Consumer Cyclical was up 3.3%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was down -0.2%, but already the worst performer.
● Starbucks (SBUX) largely fell -3.7% (-$3.39), closed at $88.1. The largest increase in volume.
360miq.com/stockinfo?code=SBUX
● Pinduoduo (PDD) spiked 15.5% (+$6.63), closed at $49.28, is testing MA50 ($49.31). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=PDD
● Alnylam Pharmaceuticals (ALNY) largely retreated -4.4% (-$7.52), closed at $161.77, the worst % loss in more than 2 months, crossed below MA20 ($161.79). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ALNY