Only 30 S&P 500 stocks are gaining, as health care stocks lead the losers

0
12

With the S&P 500 SPX, -2.41% tumbling 2.2%, toward the biggest one-day selloff in about seven weeks, only 30 of the index’s components are trading higher. The biggest gainer is SVB Financial Group’s stock SIVB, +9.19%, which rallied 10.7% after the banking company reported late Thursday first-quarter profit and revenue that beat expectations. The next biggest gainer was Kimberly-Clark Corp.’s stock KMB, +8.52%, which jumped 9.2%, after the consumer products company beat earnings expectations and raised its guidance. Meanwhile, biggest losers were all in the health care sector, with shares of HCA Healthcare Inc. HCA, -20.95% tumbling 18.9%, Intuitive Surgical Inc. ISRG, -13.87% falling 13.5%, Universal Health Services Inc. UHS, -12.86% losing 12.5% and DaVita Inc. DVA, -8.83% dropping 8.9%.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: Wimbledon to ban Russian and Belarusian players over Ukraine invasion
Next articleStock selloff: The Dow is now down 700 points and the S&P 500 nearly 100 points

LEAVE A REPLY

Please enter your comment!
Please enter your name here