Nasdaq 100 fell -1.2% (-150 pts) after a 3-day winning streak, closed at 12152 points, crossed below MA20 (12280 pts).
Among the 150 largest-cap stocks, 17 (11%) closed higher. Only 29% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.4% to -2.1%. 5 sectors outperformed the market. The market was down -1.3%; Consumer Defensive was down -0.4%, but already the best performer, reflecting a decreasing risk appetite; Basic Materials was down -2.1%, the worst performer.
● Li Auto Inc (LI) tumbled -5.7% (-$1.43), closed at $23.57, fell 3 days in a row, the worst % loss in 1 month, crossed below MA20 ($24.51). The worst performer but with average volume.
360miq.com/stockinfo?code=LI
● Vodafone Group PLC ADR (VOD) largely fell -2.8% (-$0.335), closed at $11.545, the worst % loss in 1 month, crossed below MA20 ($11.82). The largest increase in volume.
360miq.com/stockinfo?code=VOD
● United Airlines (UAL) largely rebounded 3% (+$1.57), closed at $54.01, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=UAL
● Liberty Media Corp SiriusXM A (LSXMA) tanked -5.5% (-$1.73), closed at $29.71, the worst % loss in 1 month, also hit a YTD low.
360miq.com/stockinfo?code=LSXMA
● Fifth Third Bancorp (FITB) tumbled -5.2% (-$1.875), closed at $34.285, the worst % loss in 3 months, also a 31-day low, crossed below MA50 and MA200 ($35.33, $34.44).
360miq.com/stockinfo?code=FITB
360miq.com/market?data=NASDAQ#tab-3
