Nasdaq 100 fell -1.2% (-262 pts), closed at 21352 points, fell 3 days in a row, crossed below MA50 (21518 pts).
Among the 150 largest-cap stocks, 60 (40%) closed higher. Only 33% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -2.5% to +0.2%. 8 sectors outperformed the market. The market was down -1.3%; Consumer Defensive was up +0.2%, but already the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -2.5%, the worst performer.
● Trade Desk (TTD) largely rebounded +3% (+$2.14) after a 6-day losing streak, closed at $74.2. The best performer but with average volume.
360miq.com/stockinfo?code=TTD
● Warner Bros Discovery (WBD) largely rebounded +2.9% (+$0.31), closed at $11.09, hit a YTD high.
360miq.com/stockinfo?code=WBD
● PDD (PDD) largely retreated -8.8% (-$11.57), closed at $119.77, the worst % loss in 3 months, crossed below MA200 ($122.58). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PDD
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