Nasdaq 100 rose 0.8% (+132 pts), closed at 16354 points, rose 4 days in a row, hit a YTD high.
Among the 150 largest-cap stocks, 102 (68%) closed higher. For 2 days in a row, Nasdaq 100 rose but more than half of Nasdaq stocks ended lower. Today, 45% of all Nasdaq stocks rose with the index. The market is relatively tiring.
In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to 2.9%. 3 sectors outperformed the market. The market was up 0.6%; Basic Materials was up 2.9%, the best performer; Energy was down -1.5%, the worst performer.
● Seagen (SGEN) largely rose 3.3% (+$7.27), closed at $228.87, rose 4 days in a row, the best % gain in more than 2 months, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=SGEN
● Sirius XM (SIRI) spiked 5.5% (+$0.275), closed at $5.295, a 98-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=SIRI
● Linde (LIN) surged 4.5% (+$18.33), closed at $426.57, rose 3 days in a row, the best % gain in more than 9 months, also hit a record high.
360miq.com/stockinfo?code=LIN
● Broadcom (AVGO) largely rose 4.2% (+$42.74), closed at $1071.98, rose 4 days in a row, hit a record high.
360miq.com/stockinfo?code=AVGO
● Genmab AS (GMAB) tanked -5.2% (-$1.67), closed at $30.25, fell 3 days in a row, the worst % loss in nearly 2 months, also a 23-day low, crossed below MA20 and MA50 ($31.7, $31.35). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=GMAB
● Moderna (MRNA) largely retreated -4.8% (-$3.97), closed at $78.03, the worst % loss in 1 month, crossed below MA20 ($78.39).
360miq.com/stockinfo?code=MRNA