Nasdaq 100 largely retreated -2.2% (-464 pts) after a 7-day winning streak, closed at 20211 points, the worst % loss in more than 8 months.
Among the 150 largest-cap stocks, 89 (59%) closed higher. Despite Nasdaq 100 falling -2.2%, 78% of all Nasdaq stocks rose against the index, the most in more than 1.5 years, good for the market.
In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -2.8% to +3.1%. 8 sectors outperformed the market. The market was down -1.9%; Real Estate was up +3.1%, the best performer; Technology was down -2.8%, the worst performer.
● Costco Wholesale Corp (COST) largely fell -4.2% (-$37.5), closed at $846.81, the worst % loss in 4 months, crossed below MA20 ($860.61). The largest increase in volume.
360miq.com/stockinfo?code=COST
● SBA Communications Corp (SBAC) jumped +7.5% (+$14.66), closed at $209.855, the best % gain in nearly 20 months, also a 63-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=SBAC
● JD.com Inc Adr (JD) spiked +7% (+$1.87), closed at $28.63, the best % gain in more than 2 months, crossed above MA20 ($27.63).
360miq.com/stockinfo?code=JD
● Tesla (TSLA) sank -8.6% (-$22.54) after a 11-day winning streak, closed at $240.72, the worst % loss in more than 5 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TSLA
360miq.com/market?data=NASDAQ#tab-3
