Nasdaq 100 retreated -0.7% (-149 pts), closed at 21615 points.
Among the 150 largest-cap stocks, 55 (37%) closed higher, 47 of them rose with a lower volume. Only 28% of all Nasdaq stocks ended higher, the least in more than 1 month.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.5% to +0.1%. 6 sectors outperformed the market. The market was down -0.7%; Consumer Defensive was up +0.1%, but already the best performer, reflecting a decreasing risk appetite; Healthcare was down -1.5%, the worst performer.
● Warner Bros Discovery (WBD) soared +15.4% (+$1.67), closed at $12.49, the best % gain in 35 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=WBD
● Adobe Systems Incorporated (ADBE) tanked -13.7% (-$75.3), closed at $474.63, the worst % loss in nearly 27 months, also a 125-day low, crossed below MA20, MA50 and MA200 ($520.09, $505.79, $515.83). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ADBE
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