Nasdaq 100 largely retreated -2.3% (-324 pts), closed at 13893 points, a 21-day low.
Among the 150 largest-cap stocks, 28 (19%) closed higher. Only 29% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -2.8% to 0.1%. 9 sectors outperformed the market. Dragging by Technology and Consumer Cyclical, The market was down -2.1%; Energy was up 0.1%, but already the best performer; Technology was down -2.8%, the worst performer.
● Royalty Pharma (RPRX) largely rose 3.9% (+$1.66), closed at $44.1, rose 10 days in a row, the best % gain in 3 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=RPRX
● Telefonaktiebolaget LM Ericsson (ERIC) plummeted -9.3% (-$0.87), closed at $8.49, the worst % loss in nearly 2 months, also a 23-day low, crossed below MA20 ($9.28). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=ERIC
360miq.com/market?data=NASDAQ#tab-3
