Nasdaq 100 rose 0.9% (+137 pts), closed at 16222 points, rose 3 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 124 (83%) closed higher. Despite Nasdaq 100 rising 0.9%, only 45% of all Nasdaq stocks follow suit.
In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -1% to 1.5%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.1%; Consumer Defensive was up 1.5%, the best performer, reflecting a decreasing risk appetite; Communication was down -1%, the worst performer.
● Coinbase Global (COIN) largely retreated -5.9% (-$8.6), closed at $138.02, the worst % loss in more than 4 months. The worst performer but with average volume.
360miq.com/stockinfo?code=COIN
● JIN MEDICAL INTERNATIONAL (ZJYL) largely rebounded 9.7% (+$2.66), closed at $30.16, hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ZJYL
● Broadcom (AVGO) spiked 9% (+$85.06), closed at $1029.355, rose 3 days in a row, the best % gain in more than 6 months, also hit a record high, crossed above MA20 ($954.51).
360miq.com/stockinfo?code=AVGO