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Nasdaq Market Update 2022-03-01

360MiQ 0

Nasdaq 100 largely fell -1.6% (-232 pts) after a 3-day winning streak, closed at 14006 points.

Among the 150 largest-cap stocks, 33 (22%) closed higher. 35% of all Nasdaq stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.8% to 1.6%. 7 sectors outperformed the market. The market was down -1.5%; Basic Materials was up 1.6%, the best performer; Financial was down -2.8%, the worst performer.

● Telefonaktiebolaget LM Ericsson (ERIC) tumbled -4.5% (-$0.42), closed at $8.86, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=ERIC

● Baidu (BIDU) surged 7% (+$10.62), closed at $163.06, crossed above MA20 and MA50 ($159.15, $153.18). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BIDU

● Lucid Group (LCID) largely retreated -13.8% (-$3.99) after a 3-day winning streak, closed at $24.99, the worst % loss in 1 month, crossed below MA20 ($27.21). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LCID

360miq.com/market?data=NASDAQ#tab-3

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