Nasdaq 100 largely retreated -2.2% (-339 pts), closed at 14821 points, crossed below MA200 (15154 pts).
Among the 150 largest-cap stocks, 28 (19%) closed higher. Only 21% of all Nasdaq stocks ended higher, the least for more than 2 months.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3.3% to 0.3%. 7 sectors outperformed the market. The market was down -2.1%; Utilities was up 0.3%, but already the best performer, reflecting a more risk-averse market; Consumer Cyclical was down -3.3%, the worst performer.
● Hologic (HOLX) rebounded 2.1% (+$1.58), closed at $77.68, the best % gain in 2 months, also hit a YTD high. The best performer but with average volume.
360miq.com/stockinfo?code=HOLX
● Keurig Dr Pepper (KDP) largely fell -3.7% (-$1.43), closed at $36.93, the worst % loss in nearly 10 months, crossed below MA20 and MA50 ($37.61, $37.95). The largest increase in volume.
360miq.com/stockinfo?code=KDP
● Rivian Automotive Inc. Class A (RIVN) plunged -9.4% (-$4.36), closed at $42.17, crossed below MA20 ($44.69). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=RIVN
360miq.com/market?data=NASDAQ#tab-3
