Nasdaq 100 retreated -1% (-205 pts), closed at 19516 points, is testing MA50 (19501 pts).
Among the 150 largest-cap stocks, 65 (43%) closed higher. 46% of all Nasdaq stocks ended higher.
In terms of sectors, 4 sectors closed up, 6 sectors closed down, 2 sectors remained unchanged, ranging from -2.4% to +0.8%. 9 sectors outperformed the market. The market was down -0.8%; Consumer Defensive was up +0.8%, the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -2.4%, the worst performer.
● Atlassian Corp (TEAM) largely rose +3.2% (+$5.06), closed at $165.06, is testing MA50 ($165.29). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=TEAM
● PDD (PDD) tanked -28.5% (-$39.89), closed at $99.98, hit a YTD low, crossed below MA20, MA50 and MA200 ($136.32, $136.62, $133.75). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=PDD
360miq.com/market?data=NASDAQ#tab-3
