2022-10-04 22:40:27
These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market | Thepinkstocks | Stock Market Today | Stock Market Live News Update
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Tuesday, October 4, 2022

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

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Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages.

The S&P 500
fell 1.7% on Friday for a one-week decline of 4.6%, as investors continued to fret about the Federal Reserve’s interest-rate increases to temper inflation.

Among components of the benchmark index, all but 17 showed declines for the week. West Texas Intermediate crude oil for November delivery
dropped nearly 6% to settle at $78.74 a barrel on the New York Mercantile Exchange, for a one-week decline of 7.1%.

Read: U.S. oil prices drop below $80 a barrel to their lowest finish since January on recession fears

“The macro environment is really bad” for oil prices, according to Gabelli analyst Simon Wong. During an interview, Wong said the strong dollar was making oil, which is priced in dollars, more expensive for other countries and hurting demand for crude oil. The energy sector had the worst showing for the bad week, as you can see below.

Eight of the 20 stocks in the S&P 500 that fell the most for the week were in the energy sector:




Price change – one week through Sept. 23

Price change – Sept. 23

Price change – 2022

Caesars Entertainment Inc.

CZR Casinos/ Gaming




APA Corp.

APA Integrated Oil




Carnival Corp.

CCL Hotels/ Resorts/ Cruiselines




SolarEdge Technologies Inc.

SEDG Electrical Products




Marathon Oil Corp.

MRO Oil and Gas Production




Ford Motor Co.

F Motor Vehicles




Iron Mountain Inc.

IRM Real Estate Investment Trusts




Catalent Inc.

CTLT Pharmaceuticals: Major




Charter Communications Inc. Class A

CHTR Cable/ Satellite TV




Match Group Inc.

MTCH Internet Software/ Services




Hess Corp.

HES Oil and Gas Production




Live Nation Entertainment Inc.

LYV Movies/ Entertainment




Devon Energy Corp.

DVN Integrated Oil




Steris PLC

STE Medical Specialties




Ball Corp.

BALL Containers/ Packaging




Diamondback Energy Inc.

FANG Oil and Gas Production




PENN Entertainment Inc.

PENN Casinos/ Gaming




Halliburton Co.

HAL Oilfield Services/ Equipment




Pioneer Natural Resources Co.

PXD Oil and Gas Production





OKE Oil and Gas Pipelines




Source: FactSet

Click on the tickers for more about each company, including news coverage, financials and charts. Then read Tomi Kilgore’s detailed guide to the wealth of information available for free on MarketWatch quote pages.

Shares of Ford
tumbled another 3.6% on Friday for a one-week slump of 16.5%, after The Wall Street Journal reported the company had delayed delivery of some vehicles because it didn’t have enough blue oval badges to put on them. This followed Ford’s warning Monday that it would end the third quarter with more unfinished vehicles than it had previously expected.

Read on: Ford announces leadership changes as it accelerates ‘Ford+’ growth plan, bolsters supply chain operations

Energy slides but still leads for 2022

The energy sector of the S&P 500 declined the most for the week but still is one of only two sectors showing gains for 2022:

S&P 500 sector

Price change – one week

Price change – Sept. 23

Price change – 2022





Consumer Discretionary




Real Estate












Communication Services








Information Technology




Health Care








Consumer Staples




S&P 500




Source: FactSet

Don’t miss: Tesla, Take-Two and Exxon are among the exceptions to this big problem for stock prices

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