Nasdaq 100 rose 1.2% (+189 pts), closed at 16027 points, rose 5 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 127 (85%) closed higher. 61% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were up with gains from 0.1% to 1.6%. only 1 sector outperformed the market. Boosting by Technology, The market was up 1.1%; Technology was up 1.6%, the best performer, reflecting an increasing risk appetite; Energy was up 0.1%, but already the worst performer.
● Zoom Video Communications (ZM) largely rose 3% (+$1.95), closed at $66.07, the best % gain in more than 2 months, also a 28-day high, crossed above MA50 ($64.83). The largest increase in volume.
360miq.com/stockinfo?code=ZM
● Coinbase Global (COIN) jumped 7.1% (+$7.01), closed at $106.06, an 86-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=COIN
● Arm Holdings plc ADS (ARM) surged 6.7% (+$3.67), closed at $58.66, a 45-day high.
360miq.com/stockinfo?code=ARM
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