Only 4 stocks in the S&P 500 are rising

Business News News

Less than a handful of the more than 500 stocks that make up the S&P 500 Index are trading higher, as the index tumbled 4.4% toward its biggest one-day drop since the COVID-19 pandemic selloff accelerated in March. Two of the four gainers were in the defensive consumer discretionary sector, with grocery chain Kroger Co.'s stock up 0.9% and shares of tissue and personal care products maker Kimberly-Clark Corp. , which inched up 0.1%. The other gainers were shares of oil and gas explorer Cabot Oil & Gas Corp. , which tacked on 1.0%, and streaming video and shelter-at-home beneficiary Netflix Inc. , which ticked up 0.3%.