Only 18 stocks in the S&P 500 are trading up

only-18-stocks-in-the-s&p-500-are-trading-up

A whopping 96% of the S&P 500’s SPX, -3.81% components are losing ground amid Thursday’s stock market carnage. Of the 18 stocks seeing gains, only three have a market capitalization above the average of $77.1 billion. Meanwhile, the S&P 500 tumbled 3.9%, on track for the biggest selloff since it plummeted 5.9% on June 11, 2020. The top gainers were shares of EPAM Systems Inc. EPAM, +8.80%, up 8.2%, and Albermarle Corp. ALB, +7.99%, up 7.5%. The companies with the largest market caps seeing stock gains were AbbVie Inc. ABBV, +0.58%, Booking Holdings Inc. BKNG, +3.84% and Charter Communications Inc. CHTR, +1.95%. The biggest decliners were share of Etsy Inc. ETSY, -17.59%, down 18.2%, and Cognizant Technology Solutions Corp. CTSH, -12.29%, down 13.4%.

Source: Marketwatch

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