Nasdaq 100 largely fell -2% (-356 pts), closed at 17038 points, fell 3 days in a row, the worst % loss in nearly 6 months, also a 63-day low, fell -5.4% (-965 pts) for the week, fell 4 weeks in a row.
Among the 150 largest-cap stocks, 68 (45%) closed higher. Despite Nasdaq 100 falling -2.1%, 53% of all Nasdaq stocks rose against the index.
In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -3.3% to +1.1%. 10 sectors outperformed the market. Dragging by Technology, The market was down -2%; Financial was up +1.1%, the best performer; Technology was down -3.3%, the worst performer.
● Fifth Third Bancorp (FITB) soared +5.9% (+$2.01), closed at $36.225, rose 3 days in a row, the best % gain in 4 months, rose +4.9% (+$1.7) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($35.53, $34.91). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=FITB
● Super Micro Computer (SMCI) tumbled -23.1% (-$214.44), closed at $714.04, fell 3 days in a row, the worst % loss in more than 8 months, also a 48-day low, fell -20.5% (-$184.45) for the week, fell 3 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=SMCI
● Arm Holdings (ARM) plunged -16.9% (-$17.74), closed at $87.18, fell 6 days in a row, the worst % loss in 2 months, also a 49-day low, fell -31% (-$39.15) for the week.
360miq.com/stockinfo?code=ARM
● Netflix (NFLX) tanked -9.1% (-$55.7), closed at $554.86, fell 3 days in a row, the worst % loss in nearly 2 years, also a 45-day low, fell -10.9% (-$67.97) for the week, fell 2 weeks in a row, crossed below MA50 ($604.22). The largest increase in volume today.
360miq.com/stockinfo?code=NFLX
360miq.com/market?data=NASDAQ#tab-3
