Nasdaq 100 largely retreated -2.3% (-351 pts), closed at 14706 points, crossed below MA20 and MA200 (14765 pts, 15053 pts).
Among the 150 largest-cap stocks, 27 (18%) closed higher. Only 29% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.9% to -2.6%. 7 sectors outperformed the market. The market was down -2%; Energy, Financial were down -0.9%, but already the best performers; Technology was down -2.6%, the worst performer.
● Grab Holdings Limited Class A (GRAB) jumped 14.6% (+$0.81), closed at $6.36, a 20-day high, crossed above MA20 ($5.65). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=GRAB
● Datadog (DDOG) surged 12.4% (+$19.21), closed at $174.71, the best % gain in 6 months, also hit a YTD high, crossed above MA50 ($156.17).
360miq.com/stockinfo?code=DDOG
● Seagen (SGEN) tanked -11.5% (-$16.3), closed at $125.11, the worst % loss in more than 15 months, crossed below MA20 ($132.79). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=SGEN