Nasdaq 100 fell -0.8% (-125 pts) after a 9-day winning streak, closed at 15188 points.
Among the 150 largest-cap stocks, 40 (27%) closed higher. Only 24% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.3% to -2.4%. 9 sectors outperformed the market. The market was down -0.9%; Utilities was down -0.3%, but already the best performer, reflecting a more risk-averse market; Healthcare was down -2.4%, the worst performer.
● Zai Lab (ZLAB) largely retreated -6.2% (-$1.85) after a 5-day winning streak, closed at $28.16, the worst % loss in 3 months. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=ZLAB
● Coinbase Global (COIN) spiked 5.2% (+$4.58), closed at $92.895, a 70-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=COIN
● Arm Holdings plc ADS (ARM) plunged -5.3% (-$2.87), closed at $51.53. The largest increase in volume.
360miq.com/stockinfo?code=ARM
● Tesla (TSLA) tanked -5.5% (-$12.23), closed at $209.88, crossed below MA200 ($220.6).
360miq.com/stockinfo?code=TSLA
360miq.com/market?data=NASDAQ#tab-3
