During trading Monday, 205 stocks bottomed out at new 52-week lows. The S&P 500 is down 3.81% so far today while the Dow is down 2.74%, the Nasdaq is down 4.56%, and the Russell 2000 is down 4.97%.
Markets are down big Monday with cryptos crashing as Bitcoin (BTC) is below $24,000 and Ethereum (ETH) has fallen under $1,300. Investors are pricing in a potential 75 basis point interest rate hike for the Fed's next meeting following a worse than expected CPI report on Friday which showed overall prices rising 1.0% last month. In totality, markets are pricing in a 175 basis point increase in rates by September.
Sector Highlights
Technology stocks dominated our list of highs today with 0 out of the 1 total stocks that reached their high coming from the Technology sector. The Technology sector is outperforming the market, is flat 0% so far on the day. Over the last month, the Technology sector has outperformed the market, increasing 0% while the S&P decreased 6.48%.
Technology:
The Financial Services sector makes up the majority of our 52-week lows, as 44 out of our 205 lows comes from the Financial Services sector. The Financial Services sector is outperforming the market today, decreasing 3.04% so far on the day. Over the last month, the Financial Services sector has outperformed the market, decreasing 5.26% while the S&P decreased 6.48%.
Finance stocks have the most lows Monday with the sector falling over 3% today but has fallen less than the S&P 500 over the last month of trading still.
Financial Services: ALLY, AUB, BAC, BBDC, BCSF, BEN, BK, BKU, BLX, CFG, CG, CNS, COF, CPF, CSWC, EFSC, EVR, EWBC, FAF, FBNC, FFBC, FFIN, FFWM, FRC, FRME, GAIN, GHL, GS, GSBD, HMST, HTGC, IVZ, JEF, JHG, KEY, KKR, LNC, LOB, MAIN, MC, MCO, MORN, MTG, NAVI,
The Lists
No stocks traded to a 52-week high today.
The following stocks traded to 52-week lows: AAP, AAT, ABR, ACCO, ADS, AKAM, AKR, ALGT, ALLY, AMAT, AMCX, AME, AMKR, AMRX, ANSS, APH, ARAY, ARDX, ARE, ARMK, ARVN, AUB, AWI, AZZ, BAC, BAND, BBBY, BBDC, BBY, BC, BCSF, BDN, BEN, BK, BKU, BLL, BLX, BXMT, CAMT, CATO, CBRE, CBRL, CCK, CDAY, CDLX, CDXS, CENX, CFG, CG,
The following ETFs traded to a 52-week high: TBT, UUP, VXZ,
The following ETFs traded to a 52-week low: BWX, CSJ, CUT, DIA, EFA, EGPT, EIS, EMB, ENZL, EPP, EWA, EWG, EWI, EWJ, EWK, EWM, EWN, EWQ, EWS, EWU, EWY, EZA, EZU, FDN, FXB, HYD, HYG, IAI, IBB, ICF, IEF, IEI, IGN, IHF, IHI, IOO, ITB, IWF, IYF, IYG, IYH, IYJ, IYR, IYT, IYZ, JNK, KBE, KCE, KRE,
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