Nasdaq 100 largely rose 2.5% (+352 pts), closed at 14621 points, crossed above MA20 (14607 pts).
Among the 150 largest-cap stocks, 136 (91%) closed higher. 84% of all Nasdaq stocks ended higher, the most in more than 22 months, good for the market.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.3% to 3.2%. 4 sectors outperformed the market. The market was up 2.4%; Technology was up 3.2%, the best performer, reflecting an increasing risk appetite; Utilities was down -0.3%, but already the worst performer.
● Monolithic Power Systems (MPWR) surged 10.5% (+$45.5), closed at $478.82, rose 3 days in a row, the best % gain in more than 22 months, also a 28-day high, crossed above MA50 and MA200 ($450.84, $445.74). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=MPWR
● NVIDIA (NVDA) spiked 9.2% (+$22.35), closed at $265.02, the best % gain in more than 3 months.
360miq.com/stockinfo?code=NVDA
360miq.com/market?data=NASDAQ#tab-3
