Nasdaq 100 largely rose 1.7% (+265 pts), closed at 15572 points, rose 4 days in a row, the best % gain in 1 month, also hit a YTD high.
Among the 150 largest-cap stocks, 123 (82%) closed higher. 65% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were up with gains from 0.3% to 3%. only 2 sectors outperformed the market. Boosting by Communication and Consumer Cyclical, The market was up 1.8%; Communication was up 3%, the best performer, reflecting an increasing risk appetite; Utilities, Energy, Basic Materials were up 0.3%, but already the worst performers.
● Coinbase Global (COIN) largely rebounded 24.5% (+$21.06), closed at $107.01, hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=COIN
● Fastenal (FAST) largely fell -3.5% (-$2.03), closed at $56.7, the worst % loss in more than 4 months, crossed below MA20 ($57.68). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=FAST
360miq.com/market?data=NASDAQ#tab-3
