Nasdaq 100 largely rose 2.5% (+281 pts), closed at 11547 points.
Among the 150 largest-cap stocks, 128 (85%) closed higher, 110 of them rose with a lower volume. 71% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.6% to 4.2%. 3 sectors outperformed the market. The market was up 2.6%; Energy was up 4.2%, the best performer; Basic Materials was up 0.6%, but already the worst performer.
● Rivian Automotive (RIVN) spiked 10.8% (+$2.84), closed at $29.08, the best % gain in more than 1 month, crossed above MA20 ($28.82). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=RIVN
● Tesla (TSLA) surged 9.3% (+$60.71), closed at $710.99, the best % gain in more than 4 months, crossed above MA20 ($699.44).
360miq.com/stockinfo?code=TSLA
● Meta Platforms (META) largely retreated -4.1% (-$6.69), closed at $157.05, hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=META
360miq.com/market?data=NASDAQ#tab-3
