Nasdaq 100 jumped 3.5% (+408 pts), closed at 12106 points, the best % gain in more than 1 month, rose 7.5% (+840 pts) for the week after a 3-week losing streak, crossed above MA20 (12054 pts).
Among the 150 largest-cap stocks, 144 (96%) closed higher. 71% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 1.5% to 4.6%. only 2 sectors outperformed the market. Boosting by Communication and Consumer Cyclical, The market was up 3.5%; Communication was up 4.6%, the best performer, reflecting a more aggressive market sentiment; Utilities was up 1.5%, but already the worst performer.
● BeiGene (BGNE) jumped 13.9% (+$21.64), closed at $177.84, rose 4 days in a row, a 47-day high, rose 34.6% (+$45.7) for the week. The best performer today but with average volume.
360miq.com/stockinfo?code=BGNE
● Hillman Solutions Corp (HLMN) retreated -1.9% (-$0.18), closed at $9.45, a 79-day low, fell -5.8% (-$0.58) for the week, fell 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=HLMN
● Airbnb Inc (ABNB) largely rebounded 8.2% (+$7.86), closed at $103.58, the best % gain in more than 6 months, rose 4.1% (+$4.09) for the week after a 3-week losing streak.
360miq.com/stockinfo?code=ABNB
360miq.com/market?data=NASDAQ#tab-3
