Nasdaq 100 largely rose 1.7% (+226 pts), closed at 13144 points.
Among the 150 largest-cap stocks, 136 (91%) closed higher. 70% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.2% to 2.4%. 4 sectors outperformed the market. The market was up 1.8%; Basic Materials, Consumer Cyclical were up 2.4%, the best performers; Consumer Defensive was up 0.2%, but already the worst performer.
● Pinduoduo (PDD) soared 12.4% (+$6.62), closed at $59.83, rose 4 days in a row, the best % gain in nearly 3 months, also a 33-day high, crossed above MA50 and MA200 ($55.15, $53.53). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=PDD
● Dollar Tree (DLTR) tumbled -10.2% (-$16.95), closed at $149.03, fell 7 days in a row, the worst % loss in 3 months, also a 62-day low, crossed below MA50 and MA200 ($163.5, $150.29). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=DLTR
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