Nasdaq 100 largely retreated -2.3% (-264 pts) after a 3-day winning streak, closed at 11406 points.
Among the 150 largest-cap stocks, 81 (54%) closed higher. Despite Nasdaq 100 falling -2.3%, 61% of all Nasdaq stocks rose against the index.
In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -6.3% to 2.4%. 9 sectors outperformed the market. Dragging by Communication and Technology, The market was down -2.3%; Energy was up 2.4%, the best performer; Communication was down -6.3%, the worst performer.
● Pinduoduo (PDD) spiked 11.7% (+$5.56), closed at $53.09, the best % gain in nearly 2 months, crossed above MA200 ($52.61). The best performer but with average volume.
360miq.com/stockinfo?code=PDD
● Enphase Energy (ENPH) soared 9.9% (+$26.23), closed at $291.82, rose 5 days in a row, the best % gain in nearly 3 months, crossed above MA50 ($281.43).
360miq.com/stockinfo?code=ENPH
● CoStar Group (CSGP) soared 7.4% (+$5.52), closed at $80.02, the best % gain in more than 1 month, also hit a YTD high.
360miq.com/stockinfo?code=CSGP
● Alphabet Inc Class A (GOOGL) largely retreated -9.1% (-$9.55) after a 4-day winning streak, closed at $94.93, the worst % loss in more than 31 months, also hit a YTD low, crossed below MA20 ($99.32). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=GOOGL
● Datadog (DDOG) largely retreated -8% (-$7.1), closed at $81.65, the worst % loss in more than 4 months, crossed below MA20 ($85.2).
360miq.com/stockinfo?code=DDOG
● Microsoft (MSFT) largely retreated -7.7% (-$19.395) after a 3-day winning streak, closed at $231.265, the worst % loss in more than 31 months, crossed below MA20 ($237.67). The largest increase in volume.
360miq.com/stockinfo?code=MSFT