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Nasdaq Market Update 2022-03-03

360MiQ 0

Nasdaq 100 retreated -1.5% (-209 pts), closed at 14035 points.

Among the 150 largest-cap stocks, 47 (31%) closed higher. Only 30% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -3.3% to 2%. 8 sectors outperformed the market. The market was down -1.5%; Utilities was up 2%, the best performer, reflecting a more risk-averse market; Consumer Cyclical was down -3.3%, the worst performer.

● GlobalFoundries (GFS) jumped 4.7% (+$2.79), closed at $62.39, a 38-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=GFS

● MongoDB (MDB) plunged -14.3% (-$54.42), closed at $327.25, fell 3 days in a row, the worst % loss in more than 23 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=MDB

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

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