Nasdaq 100 largely rose 2.2% (+325 pts), closed at 15377 points, rose 3 days in a row, the best % gain in 3 months, crossed above MA20 and MA50 (15083 pts, 15217 pts).
Among the 150 largest-cap stocks, 134 (89%) closed higher. 72% of all Nasdaq stocks ended higher, the most in 1 month, good for the market.
In terms of sectors, all sectors were up with gains from 0.7% to 3.9%. only 2 sectors outperformed the market. Boosting by Consumer Cyclical and Communication, The market was up 2.2%; Consumer Cyclical was up 3.9%, the best performer, reflecting an increasing risk appetite; Utilities, Industrials, Energy, Consumer Defensive were up 0.7%, but already the worst performers.
● VinFast Auto (VFS) largely retreated -44% (-$36.25) after a 6-day winning streak, closed at $46.1. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=VFS
● Pinduoduo (PDD) spiked 15.4% (+$12.47), closed at $93.23, rose 5 days in a row, the best % gain in 3 months, also a 113-day high, crossed above MA20 ($82.05). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=PDD
● Li Auto Inc (LI) surged 7.7% (+$3.07), closed at $42.88, rose 3 days in a row, the best % gain in 1 month, crossed above MA20 ($41.52).
360miq.com/stockinfo?code=LI
360miq.com/market?data=NASDAQ#tab-3
