Nasdaq 100 rose +0.7% (+143 pts), closed at 20116 points, rose 4 days in a row, a 50-day high.
Among the 150 largest-cap stocks, 104 (69%) closed higher. 64% of all Nasdaq stocks ended higher.
In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -3% to +1.1%. 3 sectors outperformed the market. The market was up +0.7%; Basic Materials was up +1.1%, the best performer; Energy was down -3%, the worst performer.
● Micron Technology (MU) jumped +14.7% (+$14.11), closed at $109.88, rose 6 days in a row, a 44-day high, crossed above MA50 and MA200 ($98.19, $105.4). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MU
● JD.com Inc Adr (JD) largely rebounded +14.4% (+$4.78), closed at $37.99, the best % gain in more than 6 months, also hit a YTD high.
360miq.com/stockinfo?code=JD
● PDD (PDD) spiked +13.6% (+$15.46), closed at $129.4, rose 4 days in a row, the best % gain in nearly 10 months, also a 22-day high, crossed above MA50 ($119.12).
360miq.com/stockinfo?code=PDD
● Trip.com Group Ltd ADR (TCOM) largely rebounded +11% (+$5.6), closed at $56.68, the best % gain in more than 2.5 years, also an 88-day high.
360miq.com/stockinfo?code=TCOM
● Super Micro Computer (SMCI) plunged -12.2% (-$55.75), closed at $402.4, fell 3 days in a row, crossed below MA20 ($436.5). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=SMCI
360miq.com/market?data=NASDAQ#tab-3
