Nasdaq 100 rose 1.2% (+178 pts), closed at 15206 points, crossed above MA50 (15166 pts).
Among the 150 largest-cap stocks, 93 (62%) closed higher. Despite Nasdaq 100 rising 1.2%, only 42% of all Nasdaq stocks rose with the index.
In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to 1.8%. 3 sectors outperformed the market. The market was up 1%; Technology was up 1.8%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -0.9%, the worst performer.
● NVIDIA (NVDA) largely rebounded 7.1% (+$29.08) after a 4-day losing streak, closed at $437.63, the best % gain in more than 2 months, crossed above MA50 ($430.89). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=NVDA
● Micron Technology (MU) largely rebounded 6.1% (+$3.91) after a 5-day losing streak, closed at $68.275, the best % gain in more than 2 months, crossed above MA20 and MA50 ($67.61, $66.3).
360miq.com/stockinfo?code=MU
● Fifth Third Bancorp (FITB) largely fell -3.6% (-$1), closed at $26.79, the worst % loss in more than 2 months, also a 24-day low, crossed below MA50 ($27.1). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=FITB
360miq.com/market?data=NASDAQ#tab-3
