Nasdaq 100 rose +0.8% (+165 pts), closed at 21780 points, hit a record high, rose +0.7% (+158 pts) for the week, rose 4 weeks in a row.
Among the 150 largest-cap stocks, 42 (28%) closed higher. Despite Nasdaq 100 rising 0.8%, only 33% of all Nasdaq stocks follow suit.
In terms of sectors, 3 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -1.2% to +0.6%. 3 sectors outperformed the market. The market remained unchanged; Technology was up +0.6%, the best performer; Communication was down -1.2%, the worst performer.
● Broadcom (AVGO) largely rebounded +24.4% (+$44.14), closed at $224.8, hit a record high, rose +25.2% (+$45.27) for the week, rose 2 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=AVGO
● Marvell Technology Group (MRVL) largely rebounded +10.8% (+$11.77), closed at $120.77, hit a record high, rose +6.4% (+$7.26) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=MRVL
● Airbnb Inc (ABNB) sank -4.7% (-$6.52), closed at $130.95, the worst % loss in 1 month, also a 47-day low, fell -4.4% (-$5.97) for the week, crossed below MA20 and MA50 ($136.35, $135.74). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=ABNB
● CoStar Group (CSGP) largely fell -4.1% (-$3.18), closed at $75.07, fell -2.9% (-$2.25) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($77.68, $76.3).
360miq.com/stockinfo?code=CSGP
360miq.com/market?data=NASDAQ#tab-3
