Nasdaq 100 slightly rose 0.3% (+39.4 pts) after a 3-day losing streak, closed at 11768 points.
Among the 150 largest-cap stocks, 68 (45%) closed higher. Only 30% of all Nasdaq stocks ended higher.
In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -2.4% to 0.8%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Consumer Defensive, Technology were up 0.8%, the best performers, reflecting a more risk-averse market; Energy was down -2.4%, the worst performer.
● Globalfoundries (GFS) soared 6.1% (+$2.55), closed at $44.38, the best % gain in 2 months, crossed above MA20 ($43.62). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=GFS
● Telefonaktiebolaget LM Ericsson B ADR (ERIC) largely retreated -9.1% (-$0.685), closed at $6.805, the worst % loss in nearly 3 months, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ERIC
360miq.com/market?data=NASDAQ#tab-3
