The US stock exchange Nasdaq closes the session very strongly down at -2.5%
At market close, the Nasdaq-100 is down -2.5% to 11492.3 points.
The trading session was not very active with a trading volume of 121.74 billion dollars. 959.18 million shares were traded. 4 stocks finished in the green and 96 were down.
The best performance of the day was attributed to Copart with 0.94% to 69.04 dollars. In second place on the podium, AstraZeneca closed the session at 69.59 dollars, up 0.9%, followed by PayPal Holdings at 75.24 dollars (0.78%).
At the bottom of the pack is JD.com. The share ends the trading session down -11.03% to 47.17 dollars. Pinduoduo and Lucid Group are also lagging behind.
Several stocks (Analog Devices, Chartermmunications, Cisco Systems, Constellation Energy, Copart, DocuSign, eBay, Intel, JD.com, Microchip Technology, Palo Alto Networks et Pinduoduo) recorded large trading volumes, one-third higher than their daily average.
Sirius XM Holdings’s stock market valuation fell to 17.31 billion dollars. Closing at 4.45 dollars (-3.26%), the share price is at its lowest level for the year.