Nasdaq 100 largely fell -2.5% (-364 pts), closed at 14382 points, the worst % loss in more than 10 months, also a 96-day low.
Among the 150 largest-cap stocks, 19 (13%) closed higher. Only 27% of all Nasdaq stocks ended higher.
In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -6.9% to 0%. 9 sectors outperformed the market. Dragging by Communication and Consumer Cyclical, The market was down -2.9%; Consumer Defensive remained unchanged, but already the best performer, reflecting a more conservative market sentiment; Communication tanked -6.9%, the worst performer.
● Microsoft (MSFT) largely rose 3.1% (+$10.2), closed at $340.73, rose 3 days in a row, the best % gain in 3 months, also a 64-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MSFT
● Alphabet Inc Class A (GOOGL) largely retreated -9.5% (-$13.18), closed at $125.63, the worst % loss in 43 months, also a 64-day low, crossed below MA20 and MA50 ($136.1, $134.36). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=GOOGL
● Automatic Data Processing (ADP) plummeted -9.2% (-$22.03), closed at $218.42, fell 6 days in a row, the worst % loss in 43 months, also a 76-day low, crossed below MA200 ($227.75). The largest increase in volume.
360miq.com/stockinfo?code=ADP
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