Nasdaq 100 rose +1.5% (+300 pts) after a 3-day losing streak, closed at 19823 points, the best % gain in more than 1 month.
Among the 150 largest-cap stocks, 112 (75%) closed higher. 71% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to +2%. only 2 sectors outperformed the market. Boosting by Technology and Communication, The market was up +1.6%; Technology was up +2%, the best performer, reflecting an increasing risk appetite; Energy was down -0.1%, but already the worst performer.
● ON Semiconductor (ON) largely rebounded +6.7% (+$4.83) after a 3-day losing streak, closed at $77.36, the best % gain in more than 4 months, crossed above MA20, MA50 and MA200 ($73.02, $72.76, $74.88). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ON
● Ryanair Holdings PLC ADR (RYAAY) plunged -15.4% (-$17.66), closed at $96.66, fell 4 days in a row, the worst % loss in 52 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=RYAAY
● Crowdstrike (CRWD) tumbled -13.5% (-$41.02), closed at $263.94, fell 5 days in a row, the worst % loss in more than 19 months, also a 133-day low, crossed below MA200 ($289.76).
360miq.com/stockinfo?code=CRWD
360miq.com/market?data=NASDAQ#tab-3
