Nasdaq 100 largely fell -2% (-237 pts), closed at 11550 points, fell 3 days in a row, crossed below MA20 (11664 pts).
Among the 150 largest-cap stocks, 20 (13%) closed higher. Only 27% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.7% to 1%. 7 sectors outperformed the market. The market was down -1.9%; Utilities was up 1%, the best performer, reflecting a decreasing risk appetite; Communication was down -2.7%, the worst performer.
● Sanofi ADR (SNY) soared 7.9% (+$3.57), closed at $48.5, an 82-day high, crossed above MA200 ($47.16). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=SNY
● Enphase Energy (ENPH) tanked -7.7% (-$25.95), closed at $309.87, the worst % loss in 2 months, is testing MA20 ($309.52). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=ENPH
● Meta Platforms (META) tumbled -6.8% (-$8.36), closed at $114.07, the worst % loss in more than 1 month, crossed below MA50 ($118.98).
360miq.com/stockinfo?code=META
360miq.com/market?data=NASDAQ#tab-3
