During trading Thursday, 118 stocks traded to a 52-week high, while 30 stocks bottomed out at new 52-week lows. The S&P 500 is up 1.14% so far today while the Dow is up 1.24%, the Nasdaq is up 1.44%, and the Russell 2000 is up 2.02%.
Markets are up big Thursday as the Senate reached an agreement earlier today to raise the debt ceiling but will only run through early December. Additionally, initial claims for last week fell to 326,000, lower than estimates for 340,000 claims following the previous weeks 364,000 reported. Conagra (CAG) stock is lower today despite the firm edging out earnings and revenue estimates in its earnings report today.
Sector Highlights
Financial Services stocks dominated our list of highs today with 46 out of the 118 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is underperforming the market, increasing 0.95% so far on the day. Over the last month the Financial Services sector has outperformed the market, increasing 3.07% while the S&P decreased 3.79%.
Finance related stocks have by far the most highs Thursday as the sector is underperforming markets today but has significantly outperformed the overall market the past month.
Financial Services: AIG, AJG, AMP, AMRK, ARCC, ATH, BAC, BLX, BRO, CASH, CMA, CNOB, DFIN, ECPG, FBP, FFWM, FOCS, FRC, GWB, HIG, HLI, ICE, ISBC, JEF, JHG, JPM, LAZ, LNC, LPLA, MC, MTG, NFBK, NYCB, PFG, PJT, PRU, RJF, SBNY, SF, SIVB, TBBK, TBK, UMPQ, USB, WAL, WD,
Industrials had the second largest presence on our 52-week highs, with 18 out of 118 highs coming from the Industrials sector. The Industrials sector is underperforming the market today, increasing 1.04% so far on the day. Over the last month the Industrials sector has outperformed the market, decreasing 1.54% while the S&P decreased 3.79%.
Industrial stocks have the second most highs today as the sector is mostly in line with markets Thursday but has fallen less than the overall market the past month of trading.
Industrials: ASGN, CAR, CCRN, HSII, KFRC, KFY, NOC, NSP, PAYX, RGP, RHI, RTX, TGLS, TNET, TTEK, WIRE, WTS, ZWS,
The Lists
The following stocks traded to 52-week highs: AIG, AJG, ALKS, AMN, AMP, AMRK, ARCC, ASGN, ASIX, ATH, BAC, BCPC, BLX, BNED, BRO, CALX, CAR, CASH, CCRN, CDAY, CHH, CMA, CNOB, CPRX, CSGS, CYTK, DELL, DFIN, DTM, ECPG, ENTA, ETRN, EVTC, FBP, FFWM, FLL, FOCS, FRC, FWONA, GEF, GWB, HCKT, HIG, HLI, HLT, HSII, HTA, ICE, IGT,
The following stocks traded to 52-week lows:
AFIB, AMGN, ATAI, ATHX, ATNX, AVAH, BDTX, COMP.EQ, CTSO, DFH, ESPR, FTCV, IBIO, INVZ, KLDO, KORE, LW, NNBR, NRXP, ORIC, OSMT, PNW, PRLD, SBTX, SLDB, STOK, SWIM, TCRR, TPTX, XERS,
No ETFs traded to a 52-week low today.
