Nasdaq 100 largely fell -2.2% (-266 pts) after a 5-day winning streak, closed at 11860 points.
Among the 150 largest-cap stocks, 16 (11%) closed higher. Only 22% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4% to 0.2%. 9 sectors outperformed the market. Dragging by Consumer Cyclical and Communication, The market was down -2.3%; Utilities was up 0.2%, but already the best performer, reflecting a more risk-averse market; Consumer Cyclical was down -4%, the worst performer.
● Hillman Solutions Corp (HLMN) fell -2.3% (-$0.195), closed at $8.355. The largest increase in volume.
360miq.com/stockinfo?code=HLMN
● Pinduoduo (PDD) tanked -10.2% (-$6.18), closed at $54.62, the worst % loss in 2 months, crossed below MA200 ($60.33). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PDD
● Zoom Video Communications (ZM) plummeted -9.5% (-$11.41), closed at $108.39, the worst % loss in more than 7 months, crossed below MA20 ($113.39).
360miq.com/stockinfo?code=ZM