Nasdaq 100 fell -1.3% (-202 pts), closed at 14846 points, fell 3 days in a row, a 67-day low, crossed below MA200 (15000 pts).
Among the 150 largest-cap stocks, 32 (21%) closed higher. Only 29% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.4% to 0.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -1.2%; Utilities was up 0.2%, but already the best performer, reflecting a decreasing risk appetite; Basic Materials was down -2.4%, the worst performer.
● JD.com (JD) largely rebounded 6.5% (+$4.71), closed at $77.01, a 24-day high, crossed above MA50 and MA200 ($76.84, $75.56). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=JD
● BeiGene (BGNE) largely rebounded 6.3% (+$14.81), closed at $251.66, the best % gain in 1 month, crossed above MA20 ($250.46).
360miq.com/stockinfo?code=BGNE
● Rivian Automotive Inc. Class A (RIVN) tanked -6.2% (-$4.29), closed at $65.11, fell 5 days in a row, hit a record low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=RIVN
● ON Semiconductor (ON) sank -5.9% (-$3.51), closed at $55.5, fell 3 days in a row, a 54-day low.
360miq.com/stockinfo?code=ON
● Micron Technology (MU) tanked -5.5% (-$4.98), closed at $85.02, fell 3 days in a row, the worst % loss in more than 5 months, also a 20-day low, crossed below MA50 ($86.76).
360miq.com/stockinfo?code=MU
● GlobalFoundries (GFS) tumbled -5.5% (-$3.1), closed at $53.57, fell 3 days in a row, the worst % loss in more than 1 month, also a 55-day low.
360miq.com/stockinfo?code=GFS
360miq.com/market?data=NASDAQ#tab-3
