Nasdaq 100 retreated -0.8% (-123 pts), closed at 14571 points.
Among the 150 largest-cap stocks, 70 (47%) closed higher. Despite Nasdaq 100 falling -0.8%, 58% of all Nasdaq stocks rose against the index.
In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -2.4% to 0.8%. 10 sectors outperformed the market. The market was down -0.7%; Healthcare was up 0.8%, the best performer; Communication was down -2.4%, the worst performer.
● Meta Platforms (FB) tanked -5.2% (-$12.22), closed at $224.87, fell 3 days in a row, hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=FB
● ON Semiconductor (ON) jumped 8.4% (+$4.84), closed at $62.26, crossed above MA20 ($59.41). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ON
● Pinduoduo (PDD) largely retreated -4.5% (-$2.5), closed at $53.35.
360miq.com/stockinfo?code=PDD
360miq.com/market?data=NASDAQ#tab-3
