Nasdaq 100 plunged -2.6% (-363 pts), closed at 13357 points, fell 3 days in a row, the worst % loss in more than 1 month, also a 27-day low, fell -3.9% (-536 pts) for the week, fell 3 weeks in a row.
Among the 150 largest-cap stocks, 7 (5%) closed higher. Only 21% of all Nasdaq stocks ended higher, the least for nearly 3 months.
In terms of sectors, all sectors were down with losses from -1.5% to -3.4%. 6 sectors outperformed the market. The market was down -2.6%; Real Estate, Utilities were down -1.5%, but already the best performers; Communication was down -3.4%, the worst performer.
● SVB Financial Group (SIVB) largely rebounded 7.6% (+$38.1), closed at $541.23, the best % gain in nearly 1 year, rose 6.7% (+$34.17) for the week, rose 2 weeks in a row, crossed above MA20 ($533.55). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=SIVB
● Intuitive Surgical (ISRG) plunged -14.4% (-$42.41), closed at $252.16, the worst % loss in 105 months, also hit a YTD low, fell -9.8% (-$27.54) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($290.33, $286.7). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ISRG
360miq.com/market?data=NASDAQ#tab-3
