WMTMT◆
WHAT MOVED THE MARKET TODAY
METHODOLOGY

Nasdaq-100

102 stocks · cap-weighted, ETF-derived weights · Jul 2, 2026 close
29,329.21
−111.11 (−0.38%)
NASDAQ 100 29,329.21 · −111.1 pts (−0.38%) 1W
1D1W1MYTD1Y5Y
30,42129,96829,51629,06428,611EW +1.49%H 30,309 · 11:30L 28,722 · 09:30
Jun 26Jun 29Jun 30Jul 1Jul 2
30-minute bars · index reconstructed live from member prices
Breadth
39 / 102
stocks fell with the index
Concentration
100%+
of the decline from MU, NVDA, AVGO
Biggest driver
MU −501
Micron Technology, Inc., −19.61%
Biggest offset
AAPL +633
Apple Inc., +12.17%

What drove it

102 members · detractors first · 1W · residual 224.9bp exceeds 80bp gate

The NASDAQ 100 fell 0.38% (−111 pts) on the week, but 63 of 102 members went the other way. MU and NVDA dragged the tape lower, contributing more than the entire move.

+2,554.8 pts from 64 gainers−2,666.0 pts from 38 losers
net −111.1 pts · losers outweigh gainers 1.0 to 1
Stock
Points
Return
NASDAQ 100sum of all 102 stocks
−111.1
100%
−0.38%
MUMicron Technology, Inc.
−501.2
451%
−19.61%
NVDANVIDIA Corporation
−184.9
166%
−0.46%
AVGOBroadcom Inc.
−183.2
165%
−4.87%
INTCIntel Corporation
−178.2
160%
−9.42%
LRCXLam Research Corporation
−171.1
154%
−12.55%
AMATApplied Materials, Inc.
−169.3
152%
−9.72%
SNDKSandisk Corporation
−157.6
142%
−25.27%
AMDAdvanced Micro Devices, Inc.
−152.4
137%
−2.77%
ASMLASML Holding N.V. New York Registry Shares
−137.5
124%
−3.90%
KLACKLA Corporation
−125.2
113%
−8.98%
WDCWestern Digital Corporation
−82.8
75%
−20.19%
MRVLMarvell Technology, Inc.
−77.0
69%
−12.79%
STXSeagate Technology Holdings PLC Ordinary Shares (Ireland)
−75.9
68%
−20.01%
WMTWalmart Inc.
−73.6
66%
−3.40%
ARMArm Holdings plc American Depositary Shares
−72.8
65%
−9.33%
72 othersclick to expand the full index
+1.3
1%
·
PEPPepsiCo, Inc.
+21.1
−19%
+3.37%
LINLinde plc Ordinary Shares
+21.8
−20%
+4.66%
SHOPShopify Inc.
+26.4
−24%
+7.02%
PDDPDD Holdings Inc. American Depositary Shares
+26.7
−24%
+12.40%
TSLATesla, Inc.
+34.1
−31%
+4.89%
APPApplovin Corporation
+48.0
−43%
+18.19%
PANWPalo Alto Networks, Inc.
+49.6
−45%
+18.76%
NFLXNetflix, Inc.
+52.1
−47%
+9.52%
PLTRPalantir Technologies Inc.
+85.0
−76%
+20.54%
GOOGAlphabet Inc.
+149.7
−135%
+4.09%
GOOGLAlphabet Inc.
+164.2
−148%
+4.71%
AMZNAmazon.com, Inc.
+211.9
−191%
+6.90%
METAMeta Platforms, Inc.
+265.6
−239%
+7.37%
MSFTMicrosoft Corporation
+441.4
−397%
+10.67%
AAPLApple Inc.
+632.6
−569%
+12.17%
Cap weighting, illustrated

Meta Platforms, Inc. and Comcast Corporation moved almost identically (+7.37% vs +6.31%), yet META moved the NASDAQ 100 188.5× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the −111 pt move · cell size = points contributed · color = direction, intensity = return
AAPL+632.6
MU−501.2
MSFT+441.4
META+265.6
AMZN+211.9
NVDA−184.9
AVGO−183.2
INTC−178.2
LRCX−171.1
AMAT−169.3
GOOGL+164.2
SNDK−157.6
AMD−152.4
GOOG+149.7
ASML−137.5
KLAC−125.2
PLTR+85.0
WDC−82.8
MRVL
STX
WMT−73.6
ARM−72.8
NFLX+52.1
PANW+49.6
APP+48.0
TSLA
TER
NBIS
SHOP
TXN
LIN

Concentration curve

cumulative share of the −111 pt move · sorted by contribution
0%50%100%265177102stocks:3 stocks = 782%100% covered at 1

When they drove it

cumulative points through the period
0MU −501NVDA −185AVGO −183AAPL +633Jun 25Jul 2

Breadth

member returns, this period
−30%−10%+10%+30%
From −25.27% (SNDK) to +34.25% (AXON). Equal-weight, the NASDAQ 100 would be +1.49% vs the actual −0.38%; the gap is what cap weighting did.

By sector

point contribution · sums to −111 pts
Unknown14
−187.4
-88
+76.3

The year, session by session

every trading day of 2026 · hover for the move; day pages come next
JANFEBMARAPRMAYJUNJUL

Share this move

pick a view, download it as a 16:9 PNG