Nasdaq 100 rose +0.5% (+91.6 pts), closed at 19515 points, rose 5 days in a row, rose +5.9% (+1094 pts) for the week after a 2-week losing streak.
Among the 150 largest-cap stocks, 112 (75%) closed higher, 94 of them rose with a lower volume. 75% of all Nasdaq stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from +0.1% to +1.5%. 8 sectors outperformed the market. The market was up +0.7%; Utilities was up +1.5%, the best performer, reflecting a more risk-averse market; Consumer Cyclical was up +0.1%, but already the worst performer.
● BioNTech SE (BNTX) surged +17.5% (+$18.4), closed at $123.4, the best % gain in 37 months, also hit a YTD high, rose +37.2% (+$33.46) for the week, rose 5 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=BNTX
● Adobe Systems Incorporated (ADBE) largely retreated -8.5% (-$49.68) after a 4-day winning streak, closed at $536.87, the worst % loss in nearly 6 months, also a 21-day low, fell -4.7% (-$26.54) for the week, fell 2 weeks in a row, crossed below MA20, MA50 and MA200 ($565.9, $553.84, $543.92). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ADBE
360miq.com/market?data=NASDAQ#tab-3
