Nasdaq 100 largely rose 2.1% (+240 pts), closed at 11670 points, rose 3 days in a row, a 24-day high.
Among the 150 largest-cap stocks, 133 (89%) closed higher. 81% of all Nasdaq stocks ended higher, the most in nearly 9 months, good for the market.
In terms of sectors, all sectors were up with gains from 1% to 3.6%. 3 sectors outperformed the market. The market was up 2.2%; Real Estate was up 3.6%, the best performer; Energy, Consumer Defensive were up 1%, but already the worst performers.
● Rivian Automotive (RIVN) largely rebounded 10% (+$3.14), closed at $34.485, crossed above MA20 and MA50 ($32.75, $34.09). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=RIVN
● ICON (ICLR) spiked 10% (+$17.92), closed at $196.83, rose 3 days in a row, the best % gain in more than 2.5 years, crossed above MA20 ($184.5).
360miq.com/stockinfo?code=ICLR
● Lucid Group (LCID) largely rebounded 8.7% (+$1.11), closed at $13.91, crossed above MA20 ($13.46).
360miq.com/stockinfo?code=LCID
● Cadence Design Systems (CDNS) largely retreated -5.6% (-$8.905), closed at $151.315, the worst % loss in more than 5 months, crossed below MA20 and MA200 ($158.44, $158.39). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CDNS
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