Nasdaq 100 rose 0.7% (+88.9 pts), closed at 12591 points.
Among the 150 largest-cap stocks, 83 (55%) closed higher. Despite Nasdaq 100 rising 0.7%, only 46% of all Nasdaq stocks rose with the index.
In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -0.8% to 2%. 3 sectors outperformed the market. The market was up 0.5%; Consumer Cyclical was up 2%, the best performer, reflecting a more aggressive market sentiment; Consumer Defensive was down -0.8%, the worst performer.
● PayPal (PYPL) largely fell -2.8% (-$2.21), closed at $77.24. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=PYPL
● Globalfoundries (GFS) soared 8.5% (+$5.63), closed at $71.78, the best % gain in 3 months, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=GFS
● Cadence Design Systems (CDNS) surged 7.3% (+$13.55), closed at $199.25, the best % gain in 3 months, also hit a record high.
360miq.com/stockinfo?code=CDNS
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