Nasdaq 100 largely fell -1.6% (-283 pts), closed at 17600 points.
Among the 150 largest-cap stocks, 14 (9%) closed higher. Only 13% of all Nasdaq stocks ended higher, the least for 20 months.
In terms of sectors, all sectors were down with losses from -0.9% to -2.3%. 6 sectors outperformed the market. The market was down -1.9%; Utilities was down -0.9%, but already the best performer, reflecting a decreasing risk appetite; Financial was down -2.3%, the worst performer.
● Arm Holdings plc ADS (ARM) largely retreated -19.4% (-$28.87) after a 4-day winning streak, closed at $120.1. The worst performer but with average volume.
360miq.com/stockinfo?code=ARM
● LPL Financial (LPLA) rose 2.5% (+$6.33), closed at $257.77, rose 5 days in a row, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=LPLA
● Biogen (BIIB) largely retreated -7.3% (-$17.94), closed at $226.8, the worst % loss in 39 months, also hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=BIIB
360miq.com/market?data=NASDAQ#tab-3
