Nasdaq 100 largely rebounded 1.7% (+238 pts), closed at 14244 points.
Among the 150 largest-cap stocks, 119 (79%) closed higher, 99 of them rose with a lower volume. 68% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.5% to 2.8%. 5 sectors outperformed the market. The market was up 1.5%; Energy was up 2.8%, the best performer; Communication was up 0.5%, but already the worst performer.
● Paramount Global (PARA) surged 9.3% (+$2.99), closed at $35.25, rose 6 days in a row, the best % gain in more than 11 months, crossed above MA20 and MA50 ($32.34, $32.48). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PARA
● Micron Technology (MU) largely rebounded 8.2% (+$7.04), closed at $93.3, the best % gain in more than 2 months, crossed above MA20 and MA50 ($88.66, $89.41).
360miq.com/stockinfo?code=MU
● Rivian Automotive Inc. Class A (RIVN) tumbled -13.5% (-$8.34), closed at $53.57, the worst % loss in more than 3 months, also hit a record low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=RIVN
360miq.com/market?data=NASDAQ#tab-3
