as investors reacted to the Federal Reserve's cautious tone on the US economic recovery, and fears of a second wave of coronavirus cases mounted.
That erased nearly $2 trillion of market value from the index. Overall, more than 60 members of the S&P 500 shed more than 10% Thursday, according to Bloomberg data. Some of the hardest hit stocks wereDespite Thursday's slump, the S&P 500 is up roughly 35% from its March 23 low, and is nearly 8% lower than when it started the year.was the only stock to gain Thursday. It ended the day up nearly 0.5%, while the index fell 5.3%.
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How each S&P 500 sector has performed since March stock market bottom - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Only 4 stocks in the S&P 500 are risingLess 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%.
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Only 4 stocks in the S&P 500 are risingLess than a handful of the more than 500 stocks that make up the S&P 500 Index undefined are trading higher, as the index tumbled 4.4% toward its biggest...
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