Nasdaq 100 rose +1.3% (+286 pts), closed at 21853 points, rose 3 days in a row, a 21-day high.
Among the 150 largest-cap stocks, 88 (59%) closed higher. Despite Nasdaq 100 rising 1.3%, only 41% of all Nasdaq stocks follow suit.
In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -1% to +2.3%. only 1 sector outperformed the market. Boosting by Technology, The market was up +1.2%; Technology was up +2.3%, the best performer, reflecting an increasing risk appetite; Energy was down -1%, the worst performer.
● Arm Holdings plc ADS (ARM) soared +15.9% (+$24.73), closed at $179.93, rose 6 days in a row, the best % gain in more than 11 months, also a 131-day high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ARM
● Netflix (NFLX) jumped +9.7% (+$84.31), closed at $953.99, rose 3 days in a row, the best % gain in 3 months, also hit a record high, crossed above MA20 and MA50 ($882.93, $881.4).
360miq.com/stockinfo?code=NFLX
● Li Auto Inc (LI) largely retreated -4.9% (-$1.17) after a 3-day winning streak, closed at $22.62, the worst % loss in more than 1 month, crossed below MA20, MA50 and MA200 ($23.51, $23.13, $22.92). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=LI
● Expedia Group (EXPE) tumbled -4.3% (-$7.75), closed at $173.65, fell 3 days in a row, the worst % loss in more than 5 months, also a 49-day low.
360miq.com/stockinfo?code=EXPE
360miq.com/market?data=NASDAQ#tab-3
