During trading Tuesday, 14 stocks traded to a 52-week high, while 61 stocks bottomed out at new 52-week lows. The S&P 500 is down 4.32% so far today while the Dow is down 3.94%, the Nasdaq is down 5.16%, and the Russell 2000 is down 3.91%.
Stocks crashed Tuesday following a disappoint Consumer Price Index (CPI) report for August. Overall consumer prices rose 0.1% after staying flat in July but analysts had projected a 0.1% drop in prices. Meanwhile, core prices (excluding food and energy) jumped 0.6% with analysts expecting another smaller 0.3% rise to match July's change.
Sector Highlights
Financial Services stocks dominated our list of highs today with 4 out of the 14 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, decreasing 3.77% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 6.19% while the S&P decreased 8.48%.
Finance stocks had the most highs Tuesday as stocks crashed on the day with the finance sector actually outperforming the market by "only" falling 3.77%.
Financial Services: AVAN, CONX, JWSM, SCOA
The Healthcare sector makes up the majority of our 52-week lows, as 15 out of our 61 lows comes from the Healthcare sector. The Healthcare sector is outperforming the market today, decreasing 3.27% so far on the day. Over the last month, the Healthcare sector has outperformed the market, decreasing 5.41% while the S&P decreased 8.48%.
Healthcare stocks led 52-week lows Tuesday as the sector fell along with the rest of the market today and is now down over 5% the last month of trading.
Healthcare: AMRX, CDAK, CELU, DRIO, EGRX, GRNA, HBIO, HCAT, INVA, MNMD, NEOG, NEXI, SIEN, SYNH, TNYA
The Lists
The following stocks traded to 52-week highs:
AKRO, ALB, AVAN, CAAP, CONX, CPRX, DHT, FSLR, GERN, INSW, JWSM, MANT, SCOA, TNK
The following stocks traded to 52-week lows:
AGFY, AMRX, APEI, ARLO, AVTR, BLKB, BV, CARG, CDAK, CEI, CELU, DRIO, EGRX, GRNA, FLWS, FRBK, GIII, SWVL, HBIO, HCAT, HELE, HZO, IDEX, IMPX, INVA, KLR, LAW, LE, LEV, LL, LUMN, LYLT, MIGI, MNMD, MTW, NEGG, NEOG, NEXI, NVVE, OSPN, OUST, PLCE, PRFT, REKR, SHPW, SIEN, SITM, SKYW, SSD, SWBI, SYNH, TCS, TNYA, TRUE, TUEM, UIHC, UP, VRNT, WDC, WISH, ZEV
