Nasdaq 100 largely rose 2.2% (+261 pts), closed at 12363 points, hit a YTD high.
Among the 150 largest-cap stocks, 121 (81%) closed higher. 71% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.8% to 2.8%. 3 sectors outperformed the market. The market was up 2%; Technology was up 2.8%, the best performer, reflecting an increasing risk appetite; Energy was down -0.8%, the worst performer.
● Baidu (BIDU) largely rebounded 12.9% (+$17.42), closed at $152.1, the best % gain in 8 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BIDU
● Advanced Micro Devices (AMD) soared 12.3% (+$9.24), closed at $84.395, the best % gain in more than 2 months, also hit a YTD high, crossed above MA200 ($79.42).
360miq.com/stockinfo?code=AMD
● Old Dominion Freight Line (ODFL) jumped 11% (+$36.7), closed at $369.94, the best % gain in nearly 34 months, also hit a record high.
360miq.com/stockinfo?code=ODFL
● Monolithic Power Systems (MPWR) jumped 7.5% (+$31.86), closed at $458.42, hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=MPWR
● Electronic Arts (EA) sank -9.9% (-$12.72), closed at $115.96, the worst % loss in more than 47 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($125.55, $125.53, $126.26). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=EA
360miq.com/market?data=NASDAQ#tab-3
