Nasdaq 100 rose +1.3% (+263 pts), closed at 20227 points, is testing MA20 (20244 pts).
Among the 150 largest-cap stocks, 131 (87%) closed higher, 106 of them rose with a lower volume. 72% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +2.1%. 4 sectors outperformed the market. The market was up +1.3%; Utilities was up +2.1%, the best performer, reflecting a more conservative market sentiment; Basic Materials remained unchanged, but already the worst performer.
● Globalfoundries (GFS) largely rebounded +14.9% (+$5.36), closed at $41.37, a 43-day high, crossed above MA20 and MA50 ($39.53, $40.31). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=GFS
● AstraZeneca PLC ADR (AZN) sank -7.2% (-$5.16), closed at $66.27, the worst % loss in 16 months, also a 154-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=AZN
360miq.com/market?data=NASDAQ#tab-3
