Nasdaq 100 fell -1.1% (-151 pts), closed at 13008 points, fell 3 days in a row.
Among the 150 largest-cap stocks, 47 (31%) closed higher. Only 29% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.8% to 1%. 8 sectors outperformed the market. The market was down -1.3%; Utilities was up 1%, the best performer, reflecting a decreasing risk appetite; Healthcare, Consumer Cyclical were down -1.8%, the worst performers.
● Coinbase Global (COIN) largely retreated -10.7% (-$10.44) after a 5-day winning streak, closed at $87.58. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=COIN
● Principal Financial Group (PFG) jumped 7.1% (+$4.9), closed at $73.69, rose 3 days in a row, the best % gain in more than 17 months, also a 74-day high, crossed above MA200 ($70.38). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=PFG
● Zoom Video Communications (ZM) tanked -8.2% (-$9.45), closed at $105.29, crossed below MA20 and MA50 ($105.97, $109.88).
360miq.com/stockinfo?code=ZM
● KLA-Tencor (KLAC) plummeted -7.6% (-$29.37), closed at $358.31, fell 3 days in a row, the worst % loss in nearly 23 months, crossed below MA20 and MA200 ($360.95, $364.46).
360miq.com/stockinfo?code=KLAC
360miq.com/market?data=NASDAQ#tab-3
