Nasdaq 100 spiked 2.7% (+330 pts), closed at 12581 points, rose 4 days in a row, the best % gain in more than 1 month.
Among the 150 largest-cap stocks, 134 (89%) closed higher. 68% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.2% to 3.3%. 3 sectors outperformed the market. The market was up 2.6%; Communication was up 3.3%, the best performer, reflecting an increasing risk appetite; Utilities was up 0.2%, but already the worst performer.
● BeiGene (BGNE) largely retreated -4.8% (-$11.25) after a 3-day winning streak, closed at $224.7, the worst % loss in more than 3 months, crossed below MA20 ($228.34). The worst performer but with average volume.
360miq.com/stockinfo?code=BGNE
● Baidu (BIDU) largely rebounded 3.8% (+$5.09), closed at $138.19. The largest increase in volume.
360miq.com/stockinfo?code=BIDU
● Advanced Micro Devices (AMD) spiked 7.7% (+$6.93), closed at $96.61, rose 3 days in a row, the best % gain in more than 1 month, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=AMD
● NVIDIA (NVDA) soared 5.5% (+$13.23), closed at $255.51, rose 4 days in a row, hit a YTD high.
360miq.com/stockinfo?code=NVDA
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