Here are the worst (and best) performing stocks of August and for 2022

After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August.The S&P 500’s SPX, -0.11% market capitalization has declined by $6.76 trillion this year to $33.59 trillion. Market caps for the largest five companies in the benchmark index have dropped by a combined $1.95 trillion.

While oil prices pulled back in August, the U.S. energy industry had a banner second-quarter earnings season. Looking further ahead, those results led to a 12% increase in the S&P 500 energy sector’s consensus earnings-per-share estimate for 2023. Citigroup analyst Christopher Danley warned on Tuesday that semiconductor stocks could drop another 25% as they enter “the worst downturn in a decade.”

Best-performing S&P 500 stocks in August Constellation Energy Corp. CEG, +2.41% was split off from Elexon Corp. EXC, +0.75% in January.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

U.S. job openings unexpectedly jump in July, defying labor market slowdown fearsEmployers had a historically high number of job openings in July, according to new government data — the latest sign of the ongoing voracious demand for workers. Go deeper: Weird recession Kill two birds with one stone - fill vacant jobs with imigrants and reduce inflation with their lower wages.
Sumber: axios - 🏆 302. / 63 Baca lebih lajut »

Cold Summer For Italy’s EV Market — Plugin Vehicles Below 8% In JulyElectric vehicle sales in Italy are going through a time of turbulence. We walk you through the headwinds, tailwinds, and sidewinds in the monthly sales report below. Originally published on opportunity:energy. All is not well what's happening fiat
Sumber: cleantechnica - 🏆 565. / 51 Baca lebih lajut »

Job market gains momentum in July despite recession signals elsewhereThe U.S. economy had about 11.2 million open jobs in July, the latest sign of strength in a historically strong labor market.
Sumber: WEWS - 🏆 323. / 59 Baca lebih lajut »