Nasdaq 100 surged 1.6% (+260 points) to close at 16,568 points, rising for 4 consecutive days, the highest in 23 days.
Among the 150 largest-cap stocks, 124 (83%) closed higher. 53% of the overall NASDAQ stocks rose.
In terms of sector, today’s rally was comprehensive, with 11 sectors rising and only Healthcare falling. Ranging from -0.5% to 3.3%. Only 2 sectors outperformed the overall market. Driven by Energy and Technology, the overall market rose 1.3%; Energy surged 3.3%, the best performer; while Healthcare fell -0.5%, the worst performer.
Apple (AAPL) rose 2.3%, setting a new record closing high.
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Grab (GRAB) fell -3.5%, making it the worst performing large-cap stock; it is still below the IPO price.
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Rivian (RIVN) surged 10.6%, being the best-performing large-cap stock, regaining the $100 mark.
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