Nasdaq 100 spiked 3% (+526 pts) after a 3-day losing streak, closed at 18005 points, the best % gain in more than 1 year, also hit a record high, crossed above MA20 (17634 pts).
Among the 150 largest-cap stocks, 124 (83%) closed higher. 53% of all Nasdaq stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.6% to 4.2%. only 1 sector outperformed the market. Boosting by Technology, The market was up 2.7%; Technology was up 4.2%, the best performer, reflecting an increasing risk appetite; Utilities, Energy were down -0.6%, the worst performers.
● Super Micro Computer (SMCI) largely rebounded 32.9% (+$241.39) after a 3-day losing streak, closed at $975.56, the best % gain in 1 month. The best performer but with average volume.
360miq.com/stockinfo?code=SMCI
● NVIDIA (NVDA) largely rebounded 16.4% (+$110.55) after a 4-day losing streak, closed at $785.27, the best % gain in nearly 9 months, also hit a record high, crossed above MA20 ($683.51).
360miq.com/stockinfo?code=NVDA
● Moderna (MRNA) surged 13.5% (+$11.79), closed at $99.38, the best % gain in more than 14 months, crossed above MA20 and MA50 ($94.96, $96.91). The largest increase in volume.
360miq.com/stockinfo?code=MRNA
● Keurig Dr Pepper (KDP) largely retreated -3.9% (-$1.24), closed at $30.36, the worst % loss in more than 4 months, also hit a YTD low, crossed below MA20 ($31.35). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=KDP
360miq.com/market?data=NASDAQ#tab-3
