Nasdaq 100 largely fell -1.6% (-333 pts), closed at 20848 points, a 27-day low, fell -2.2% (-478 pts) for the week, fell 2 weeks in a row, crossed below MA50 (21076 pts).
Among the 150 largest-cap stocks, 18 (12%) closed higher. Only 23% of all Nasdaq stocks ended higher.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.6% to +6.2%. 8 sectors outperformed the market. The market was down -1.6%; Utilities spiked +6.2%, the best performer, reflecting a more conservative market sentiment; Real Estate was down -2.6%, the worst performer.
● Constellation Energy Corp (CEG) largely rebounded +25.2% (+$61.35), closed at $305.19, hit a record high, rose +20.9% (+$52.79) for the week, rose 2 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=CEG
● ON Semiconductor (ON) tumbled -7.5% (-$4.37), closed at $53.94, fell 3 days in a row, the worst % loss in 4 months, also a 626-day low, fell -15.6% (-$9.97) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=ON
360miq.com/market?data=NASDAQ#tab-3
