Nasdaq 100 largely fell -2.4% (-298 pts), closed at 12060 points, fell 3 days in a row, the worst % loss in 2 months, crossed below MA20 (12332 pts).
Among the 150 largest-cap stocks, 4 (3%) closed higher. Only 16% of all Nasdaq stocks ended higher, the least for more than 8 months.
In terms of sectors, all sectors were down with losses from -0.9% to -3.5%. 8 sectors outperformed the market. The market was down -2.5%; Consumer Defensive was down -0.9%, but already the best performer, reflecting a decreasing risk appetite; Consumer Cyclical was down -3.5%, the worst performer.
● JD.com Inc Adr (JD) plunged -11.1% (-$5.86), closed at $47.16, the worst % loss in nearly 4 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=JD
● Alnylam Pharmaceuticals (ALNY) largely retreated -10.3% (-$23.01), closed at $199.78, the worst % loss in nearly 14 months, also hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=ALNY
● Pinduoduo (PDD) tanked -9.5% (-$8.915), closed at $84.505, the worst % loss in nearly 4 months, also hit a YTD low, crossed below MA50 ($92.1).
360miq.com/stockinfo?code=PDD
360miq.com/market?data=NASDAQ#tab-3
