Nasdaq 100 largely retreated -2.2% (-264 pts), closed at 11770 points, hit a YTD low.
Among the 150 largest-cap stocks, 42 (28%) closed higher. Only 27% of all Nasdaq stocks ended higher.
In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, ranging from -4.4% to 1.6%. 9 sectors outperformed the market. Dragging by Consumer Cyclical and Communication, The market was down -2.5%; Utilities was up 1.6%, the best performer, reflecting a more risk-averse market; Consumer Cyclical, Communication were down -4.4%, the worst performers.
● Zoom Video Communications (ZM) jumped 5.7% (+$5.08), closed at $94.41, is testing MA20 ($94.54). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ZM
● The Trade Desk (TTD) plummeted -18.5% (-$9.73), closed at $42.77, fell 3 days in a row, the worst % loss in more than 1 year, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=TTD
● DexCom (DXCM) plummeted -11.1% (-$35.82) after a 3-day winning streak, closed at $288.1, the worst % loss in 26 months, also hit a YTD low.
360miq.com/stockinfo?code=DXCM
360miq.com/market?data=NASDAQ#tab-3
