Nasdaq 100 rose 1.1% (+147 pts), closed at 13348 points, hit a YTD high.
Among the 150 largest-cap stocks, 99 (66%) closed higher. 58% of all Nasdaq stocks ended higher.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -1.7% to 2.3%. only 2 sectors outperformed the market. Boosting by Communication and Real Estate, The market was up 1.2%; Communication was up 2.3%, the best performer, reflecting an increasing risk appetite; Energy was down -1.7%, the worst performer.
● Li Auto Inc (LI) soared 13.8% (+$3.42), closed at $28.19, rose 5 days in a row, the best % gain in more than 5 months, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=LI
● Illumina (ILMN) jumped 7.9% (+$15.32), closed at $209.58, the best % gain in nearly 2 months.
360miq.com/stockinfo?code=ILMN
● Airbnb Inc (ABNB) largely retreated -10.9% (-$13.91) after a 3-day winning streak, closed at $113.16, the worst % loss in 6 months, crossed below MA20 and MA50 ($117.97, $118.67). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=ABNB
360miq.com/market?data=NASDAQ#tab-3
