Nasdaq 100 fell -1% (-112 pts), closed at 10927 points, fell 4 days in a row, hit a YTD low.
Among the 150 largest-cap stocks, 51 (34%) closed higher. 35% of all Nasdaq stocks ended higher.
In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -2.2% to 0.9%. 8 sectors outperformed the market. The market was down -1.1%; Utilities was up 0.9%, the best performer, reflecting a more conservative market sentiment; Energy was down -2.2%, the worst performer.
● Trip.com Group Ltd ADR (TCOM) plunged -6.1% (-$1.725), closed at $26.605, fell 3 days in a row, crossed below MA20 ($27.01). The largest increase in volume.
360miq.com/stockinfo?code=TCOM
● Walgreens Boots Alliance (WBA) largely rebounded 4.3% (+$1.31) after a 3-day losing streak, closed at $31.83, the best % gain in nearly 1 year. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=WBA
● Pinduoduo (PDD) plummeted -8.3% (-$5.29), closed at $58.27, fell 4 days in a row, the worst % loss in nearly 3 months, also a 29-day low, crossed below MA50 ($59.4). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PDD
● Zscaler (ZS) plunged -7.6% (-$12.9), closed at $157.19, the worst % loss in more than 1 month, also a 21-day low, crossed below MA50 ($167.63).
360miq.com/stockinfo?code=ZS
● Rivian Automotive (RIVN) sank -7.3% (-$2.47), closed at $31.48, a 60-day low.
360miq.com/stockinfo?code=RIVN
360miq.com/market?data=NASDAQ#tab-3
