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Nasdaq Market Update 2022-05-26

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Nasdaq 100 spiked 2.8% (+333 pts), closed at 12277 points.

Among the 150 largest-cap stocks, 134 (89%) closed higher. 79% of all Nasdaq stocks ended higher, the most in more than 2 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.1% to 5.3%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Industrials, The market was up 2.6%; Consumer Cyclical was up 5.3%, the best performer, reflecting an increasing risk appetite; Real Estate was up 0.1%, but already the worst performer.

● Dollar Tree (DLTR) surged 21.9% (+$29.27), closed at $162.86, rose 4 days in a row, crossed above MA20 and MA50 ($152.41, $158.69). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=DLTR

● The Kraft Heinz (KHC) plunged -6.1% (-$2.41), closed at $37.07, a 68-day low, crossed below MA200 ($37.65). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=KHC

360miq.com/market?data=NASDAQ#tab-3

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