Nasdaq 100 largely rose 1.9% (+235 pts), closed at 12846 points, hit a YTD high.
Among the 150 largest-cap stocks, 135 (90%) closed higher. 70% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.7% to 2.3%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Technology, The market was up 1.7%; Consumer Cyclical was up 2.3%, the best performer, reflecting an increasing risk appetite; Consumer Defensive, Basic Materials were up 0.7%, but already the worst performers.
● Lululemon Athletica (LULU) spiked 12.8% (+$40.91), closed at $361.22, rose 7 days in a row, the best % gain in nearly 4 years, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=LULU
● Micron Technology (MU) soared 7.2% (+$4.28) after a 3-day losing streak, closed at $63.56, the best % gain in nearly 3 months, also a 41-day high.
360miq.com/stockinfo?code=MU
● NetEase (NTES) retreated -2.5% (-$2.31), closed at $88.38. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=NTES
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