Nasdaq 100 rose +1% (+214 pts), closed at 21503 points, crossed above MA20 (21376 pts).
Among the 150 largest-cap stocks, 84 (56%) closed higher, 83 of them rose with a lower volume. Despite Nasdaq 100 rising 1%, only 45% of all Nasdaq stocks follow suit.
In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.5% to +1.5%. only 2 sectors outperformed the market. The market was up +1%; Communication was up +1.5%, the best performer; Consumer Defensive was down -0.5%, the worst performer.
● Globalfoundries (GFS) soared +5.5% (+$2.31), closed at $44.03, the best % gain in more than 1 month, crossed above MA20 and MA50 ($43.83, $42.09). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=GFS
● MicroStrategy Incorporated (MSTR) largely retreated -8.8% (-$31.97), closed at $332.23. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=MSTR
● Arm Holdings plc ADS (ARM) largely fell -4% (-$5.28), closed at $126.87, a 73-day low. The largest increase in volume.
360miq.com/stockinfo?code=ARM
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