Nasdaq 100 largely rose 2.5% (+335 pts), closed at 13939 points, hit a YTD high.
Among the 150 largest-cap stocks, 71 (47%) closed higher. Despite Nasdaq 100 rising 2.5%, only 31% of all Nasdaq stocks follow suit.
In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -2.9% to 4.2%. only 1 sector outperformed the market. Boosting by Technology, The market was up 1.6%; Technology was up 4.2%, the best performer, reflecting an increasing risk appetite; Energy was down -2.9%, the worst performer.
● NVIDIA (NVDA) soared 24.4% (+$74.43) after a 4-day losing streak, closed at $379.81, the best % gain in 6 years, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NVDA
● Monolithic Power Systems (MPWR) largely rebounded 17.3% (+$72.12), closed at $487.85, a 32-day high, crossed above MA20, MA50 and MA200 ($432.1, $460.75, $423.15).
360miq.com/stockinfo?code=MPWR
● Cadence Design Systems (CDNS) soared 10.2% (+$20.72) after a 4-day losing streak, closed at $224.39, the best % gain in nearly 38 months, also hit a record high, crossed above MA20 and MA50 ($207.56, $208.68).
360miq.com/stockinfo?code=CDNS
● Synopsys (SNPS) jumped 9.8% (+$38.67), closed at $434.06, the best % gain in more than 6 months, also hit a record high.
360miq.com/stockinfo?code=SNPS
● Dollar Tree (DLTR) plunged -12% (-$18.69), closed at $136.66, fell 5 days in a row, the worst % loss in 1 year, also a 43-day low, crossed below MA50 and MA200 ($149.76, $148.27). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=DLTR
● Illumina (ILMN) largely retreated -9% (-$19.17), closed at $193.48, the worst % loss in more than 1 year, also hit a YTD low, crossed below MA20 and MA200 ($202.08, $210.59).
360miq.com/stockinfo?code=ILMN
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