Nasdaq 100 fell -1% (-121 pts), closed at 12484 points, a 23-day low, crossed below MA50 (12484 pts).
Among the 150 largest-cap stocks, 27 (18%) closed higher. Only 30% of all Nasdaq stocks ended higher.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1.6% to 1.6%. 8 sectors outperformed the market. The market was down -1%; Energy was up 1.6%, the best performer; Financial was down -1.6%, the worst performer.
● Pinduoduo (PDD) largely rebounded 14.6% (+$8.38), closed at $65.95, the best % gain in 3 months, also a 38-day high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=PDD
● BeiGene (BGNE) largely retreated -7.4% (-$13.46), closed at $167.63, the worst % loss in more than 2 months, crossed below MA50 ($177.06). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=BGNE
360miq.com/market?data=NASDAQ#tab-3
