Nasdaq 100 largely fell -1.7% (-333 pts), closed at 19492 points, crossed below MA50 (19497 pts).
Among the 150 largest-cap stocks, 39 (26%) closed higher, 37 of them rose with a lower volume. Only 32% of all Nasdaq stocks ended higher.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.2% to +0.4%. 9 sectors outperformed the market. Dragging by Technology and Consumer Cyclical, The market was down -1.6%; Energy was up +0.4%, but already the best performer; Technology was down -2.2%, the worst performer.
● Zoom Video Communications (ZM) soared +12.5% (+$7.52), closed at $67.75, the best % gain in more than 21 months, also a 111-day high, crossed above MA200 ($63.71). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=ZM
● NetEase (NTES) largely retreated -11.2% (-$10.355), closed at $82.235, the worst % loss in 8 months, also hit a YTD low, crossed below MA20 and MA50 ($89.76, $91.77). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=NTES
360miq.com/market?data=NASDAQ#tab-3
