Nasdaq 100 rose +1.5% (+321 pts), closed at 21102 points, rose 3 days in a row, hit a record high.
Among the 150 largest-cap stocks, 103 (69%) closed higher. 53% of all Nasdaq stocks ended higher.
In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to +2.2%. only 2 sectors outperformed the market. Boosting by Communication and Technology, The market was up +1.6%; Communication was up +2.2%, the best performer, reflecting a more aggressive market sentiment; Financial was down -0.9%, the worst performer.
● Applovin Corp (APP) surged +46.3% (+$77.98), closed at $246.53, rose 3 days in a row, hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=APP
● Warner Bros Discovery (WBD) spiked +11.8% (+$0.99), closed at $9.37, rose 3 days in a row, the best % gain in nearly 34 months, also a 179-day high.
360miq.com/stockinfo?code=WBD
● MercadoLibre (MELI) largely retreated -16.2% (-$343.25) after a 5-day winning streak, closed at $1774.05, the worst % loss in nearly 2.5 years, also a 68-day low, crossed below MA20 and MA50 ($2047.39, $2049.33). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=MELI
360miq.com/market?data=NASDAQ#tab-3
