Tech stocks got off to a positive start Wednesday morning. The Nasdaq traded up about 1.3%, the S&P 500 was up 1.04% and the Dow traded 0.7% higher shortly after the opening bell. All three also closed higher on Tuesday.<\/p>\n
Consumer cyclical stocks came out of the chute about 1.7% higher, while technology stocks traded up by around 1.5%. Ten of 11 market sectors were higher in the first few minutes of trading Wednesday morning.<\/p>\n
Here are the 14 Nasdaq 100 index stocks that were making the biggest moves Wednesday morning. Gainers outnumbered decliners by about nine to one.<\/p>\n
Zoom Video Communications Inc. (NASDAQ: ZM) traded up about 3.4%, at $147.43 in a 52-week range of $134.70 to $451.77. The company had no specific news Wednesday morning.<\/p>\n
DexCom Inc. (NASDAQ: DXCM) traded up 3.4%, at $440.00 in a 52-week range of $318.45 to $659.45. The company had no specific news.<\/p>\n
Illumina Inc. (NASDAQ: ILMN) traded up about 3.1%, at $365.77 in a 52-week range of $318.07 to $555.77. The company had no specific news.<\/p>\n
Starbucks Corp. (NASDAQ: SBUX) traded up about 2.9%, at $9767 in a 52-week range of $93.79 to $126.32. On Monday, Bloomberg reported that the arabica coffee beans favored by Starbucks and most other coffee shops have reached a 22-year low. That means rising prices, and firms like Starbucks have more pricing power than small shops.<\/p>\n
Lucid Group Inc. (NASDAQ: LCID) traded up about 3.3%, at $28.33 in a 52-week range of $16.12 to $64.86. The company had no specific news.<\/p>\n
Airbnb Inc. (NASDAQ: ABNB) traded up about 3.6%, at $168.05 in a 52-week range of $129.71 to $219.94. BTIG Research lowered its rating on the stock from Buy to Neutral Tuesday.<\/p>\n
JD.com Inc. (NASDAQ: JD) traded up about 3.5%, at $77.99 in a 52-week range of $61.65 to $108.29. The company had no specific news.\n\t\t<\/p>\n