Nasdaq 100 rose 0.6% (+107 pts), closed at 16730 points, hit a record high.
Among the 150 largest-cap stocks, 84 (56%) closed higher, 79 of them rose with a lower volume. 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, 10 sectors closed up, 2 sectors closed down, ranging from -0.7% to 2%. 4 sectors outperformed the market. The market was up 0.6%; Communication was up 2%, the best performer, reflecting a more aggressive market sentiment; Healthcare was down -0.7%, the worst performer.
● Rivian Automotive (RIVN) largely rose 4.1% (+$0.94), closed at $23.77, rose 4 days in a row, a 54-day high. The best performer with a slight decrease in volume.
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● Sirius XM (SIRI) largely fell -3.3% (-$0.18), closed at $5.22. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=SIRI
● Costco Wholesale Corp (COST) largely rose 3.4% (+$22.43), closed at $681.25, hit a record high.
360miq.com/stockinfo?code=COST
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