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Nasdaq Market Update 2022-09-21

360MiQ 0

Nasdaq 100 largely fell -1.8% (-214 pts), closed at 11638 points, a 55-day low.

Among the 150 largest-cap stocks, 14 (9%) closed higher. Only 27% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.5% to -2.9%. 8 sectors outperformed the market. The market was down -1.8%; Consumer Defensive was down -0.5%, but already the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -2.9%, the worst performer.

● Li Auto Inc (LI) plummeted -8.8% (-$2.24), closed at $23.1, the worst % loss in more than 4 months, also an 80-day low. The worst performer with a slight increase in volume.
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