Nasdaq 100 largely rose 1.8% (+256 pts), closed at 14784 points, rose 3 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 117 (78%) closed higher. 61% of all Nasdaq stocks ended higher.
In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1% to 2.1%. only 2 sectors outperformed the market. Boosting by Technology and Consumer Cyclical, The market was up 1.5%; Technology was up 2.1%, the best performer, reflecting a more aggressive market sentiment; Financial, Energy were down -1%, the worst performers.
● Broadcom (AVGO) soared 6.3% (+$51.08), closed at $855.7, rose 4 days in a row, hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=AVGO
● Airbnb Inc (ABNB) spiked 5.7% (+$6.74), closed at $124.6, the best % gain in nearly 4 months, also a 22-day high.
360miq.com/stockinfo?code=ABNB
● Intel (INTC) largely rebounded 5.5% (+$1.72), closed at $33.055, hit a YTD high.
360miq.com/stockinfo?code=INTC
● Nasdaq (NDAQ) sank -11.8% (-$6.83), closed at $51, hit a YTD low, crossed below MA20 and MA50 ($55.23, $55.14). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=NDAQ
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