Nasdaq 100 largely fell -1.9% (-255 pts), closed at 13047 points, fell 3 days in a row, hit a YTD low.
Among the 150 largest-cap stocks, 46 (31%) closed higher. Only 25% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3.2% to 0.3%. 6 sectors outperformed the market. The market was down -2.1%; Consumer Defensive was up 0.3%, but already the best performer, reflecting a more risk-averse market; Energy, Consumer Cyclical, Basic Materials were down -3.2%, the worst performers.
● American Electric Power Company Inc. Corporate Unit (AEPPL) fell -1.3% (-$0.71), closed at $52.67. The largest increase in volume.
360miq.com/stockinfo?code=AEPPL
● BioNTech SE (BNTX) largely rebounded 12% (+$16.29), closed at $151.93, the best % gain in more than 3 months, crossed above MA20 ($146.8). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BNTX
● Paramount Global (PARA) largely rebounded 9.9% (+$3.23) after a 3-day losing streak, closed at $35.85, the best % gain in 1 year, crossed above MA50 ($33.14).
360miq.com/stockinfo?code=PARA
● Moderna (MRNA) jumped 8.6% (+$11.88), closed at $150.08, crossed above MA20 ($144.04).
360miq.com/stockinfo?code=MRNA
● Pinduoduo (PDD) sank -20.5% (-$6.6), closed at $25.53, fell 3 days in a row, the worst % loss in more than 27 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PDD
● Baidu (BIDU) tumbled -8.3% (-$9.9), closed at $109.02, fell 3 days in a row, hit a YTD low.
360miq.com/stockinfo?code=BIDU
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