Nasdaq 100 largely retreated -3.1% (-616 pts), closed at 18959 points, the worst % loss in more than 1 month, crossed below MA20 and MA50 (19164 pts, 19458 pts).
Among the 150 largest-cap stocks, 35 (23%) closed higher. Only 21% of all Nasdaq stocks ended higher.
In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -4.6% to 0%. 9 sectors outperformed the market. Dragging by Technology and Energy, The market was down -3.2%; Consumer Defensive remained unchanged, but already the best performer, reflecting a more conservative market sentiment; Technology was down -4.6%, the worst performer.
● Zscaler (ZS) largely retreated -3.4% (-$6.79), closed at $193.19, the worst % loss in more than 1 month, crossed below MA200 ($198.71). The largest increase in volume.
360miq.com/stockinfo?code=ZS
● DexCom (DXCM) soared +4.4% (+$3.02) after a 5-day losing streak, closed at $72.36, the best % gain in 1 month, crossed above MA20 ($72.15). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=DXCM
● Monolithic Power Systems (MPWR) tumbled -10.3% (-$96.05), closed at $838.63, the worst % loss in nearly 16 months, crossed below MA20 and MA50 ($885.41, $850.03). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MPWR
● Constellation Energy Corp (CEG) largely retreated -9.6% (-$18.92), closed at $177.78, crossed below MA20 and MA50 ($190.17, $193.83).
360miq.com/stockinfo?code=CEG
● KLA-Tencor (KLAC) largely retreated -9.5% (-$78), closed at $741.43, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($787.63, $799.78).
360miq.com/stockinfo?code=KLAC
● NVIDIA (NVDA) largely retreated -9.5% (-$11.37), closed at $108, the worst % loss in more than 4 months, crossed below MA20 ($118.39).
360miq.com/stockinfo?code=NVDA
360miq.com/market?data=NASDAQ#tab-3
