Nasdaq 100 largely rose 2.1% (+274 pts), closed at 13566 points, a 77-day high, rose 2.7% (+358 pts) for the week, rose 4 weeks in a row.
Among the 150 largest-cap stocks, 132 (88%) closed higher. 76% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.9% to 2.6%. 3 sectors outperformed the market. The market was up 2%; Consumer Cyclical was up 2.6%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was up 0.9%, but already the worst performer.
● Globalfoundries (GFS) spiked 11.9% (+$6.93), closed at $64.98, rose 3 days in a row, the best % gain in nearly 5 months, also a 92-day high, rose 22.4% (+$11.89) for the week, rose 6 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=GFS
● Illumina (ILMN) plummeted -8.4% (-$19.06), closed at $208.38, the worst % loss in 2 months, fell -6.9% (-$15.39) for the week after a 3-week winning streak, crossed below MA20 ($211.77). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ILMN
360miq.com/market?data=NASDAQ#tab-3
