Nasdaq 100 largely rose 1.6% (+280 pts), closed at 18298 points.
Among the 150 largest-cap stocks, 108 (72%) closed higher. 61% of all Nasdaq stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 2%. only 2 sectors outperformed the market. Boosting by Communication and Technology, The market was up 1.5%; Communication, Technology were up 2%, the best performers, reflecting an increasing risk appetite; Real Estate remained unchanged, but already the worst performer.
● Li Auto Inc (LI) largely fell -3.7% (-$1.39), closed at $36.48. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=LI
● Costco Wholesale Corp (COST) rose 1.6% (+$12.1), closed at $785.34, rose 5 days in a row, hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=COST
● ON Semiconductor (ON) surged 6.9% (+$5.36), closed at $82.98, the best % gain in 1 month, also hit a YTD high, crossed above MA20 ($79.01). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ON
● Microchip Technology (MCHP) spiked 6.3% (+$5.53), closed at $93.34, the best % gain in 15 months, also hit a record high.
360miq.com/stockinfo?code=MCHP
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