Nasdaq 100 largely retreated -5.1% (-636 pts), closed at 11928 points, the worst % loss in more than 20 months, also hit a YTD low.
Among the 150 largest-cap stocks, 2 (1%) closed higher. Only 18% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.6% to -7.8%. 8 sectors outperformed the market. The market was down -4.5%; Utilities was down -0.6%, but already the best performer, reflecting a decreasing risk appetite; Consumer Defensive tumbled -7.8%, the worst performer.
● Dollar Tree (DLTR) tumbled -14.4% (-$22.55), closed at $133.8, the worst % loss in 26 months, also a 70-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=DLTR
● Old Dominion Freight Line (ODFL) largely retreated -12.9% (-$35.13), closed at $236.59, hit a YTD low.
360miq.com/stockinfo?code=ODFL
● Tractor Supply (TSCO) plunged -12.5% (-$25.97) after a 4-day winning streak, closed at $181.65, the worst % loss in 68 months, also hit a YTD low, crossed below MA20 ($203.47).
360miq.com/stockinfo?code=TSCO
● Costco Wholesale (COST) tumbled -12.4% (-$60.98), closed at $429.49, fell 3 days in a row, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=COST
360miq.com/market?data=NASDAQ#tab-3
