Nasdaq 100 retreated -1.4% (-206 pts), closed at 14448 points.
Among the 150 largest-cap stocks, 26 (17%) closed higher. Only 31% of all Nasdaq stocks ended higher.
In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -1.9% to 2.3%. 8 sectors outperformed the market. The market was down -1.3%; Energy was up 2.3%, the best performer; Healthcare was down -1.9%, the worst performer.
● Pinduoduo (PDD) largely rose 3.8% (+$1.81), closed at $49.34. The best performer but with average volume.
360miq.com/stockinfo?code=PDD
● Okta (OKTA) tumbled -10.7% (-$17.83), closed at $148.6, fell 3 days in a row, the worst % loss in 40 months, crossed below MA20 ($165.1). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=OKTA
● Adobe (ADBE) largely retreated -9.4% (-$43.62) after a 6-day winning streak, closed at $422.83, the worst % loss in 3 months, crossed below MA20 ($446.89). The largest increase in volume.
360miq.com/stockinfo?code=ADBE
360miq.com/market?data=NASDAQ#tab-3
