During trading Wednesday, 133 stocks traded to a 52-week high, while 95 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.38% so far today while the Dow is up 0.19%, the Nasdaq is down 1.31%, and the Russell 2000 is down 0.88%.
Stocks are lower Wednesday with the tech-heavy NASDAQ leading losses in trading. The December ADP Employment Change showed the private sector adding 807,000 jobs last month verse estimates for a much smaller gain of 425,000. Shares of Simply Good Foods (SMPL) are down over 5% despite a better-than-expected earnings report and raise of its full-year sales guidance. The firm reported that a mid-September price hike more than offset additional costs caused by supply chain shortages and helped expand its margins.
Financial Services stocks dominated our list of highs today with 38 out of the 133 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, increasing 0.15% so far on the day. Over the last month the Financial Services sector has outperformed the market, increasing 4.33% while the S&P increased 4.02%.
Finance stocks have the most highs Wednesday as the sector is outperforming the market overall the past month and has inched higher today despite stocks mostly pulling back from highs.
Financial Services: ACBI, ACGL, AEL, AFL, AMP, ASB, BANR, BK, BPOP, BRK.B, BUSE, CFG, CMA, CPF, CUBI, FCF, FFIC, FHI, FITB, HAFC, HBNC, HMST, ISBC, JXN, KEY, L, LBAI, NTRS, OFG, OZK, PFG, RJF, SBNY, SNV, STL, TSC, UVE, VOYA,
Technology had the second largest presence on our 52-week highs, with 18 out of 133 highs coming from the Technology sector. The Technology sector is outperforming the market today, decreasing 1.29% so far on the day. Over the last month the Technology sector has underperformed the market, increasing 2.27% while the S&P increased 4.02%.
Tech stocks have the second most highs today despite the sector falling roughly 1.3% so far in trading and has now underperformed markets over the past month with it only gaining just over 2% the past 30 days of trading.
Technology: ARW, ASGN, DELL, FN, HLIT, HPE, HPQ, KN, MU, NSIT, PLAB, QCOM, SMCI, SSNC, ST, STX, TTMI, VIAV,
The following stocks traded to 52-week highs: AAP, ABBV, ACBI, ACGL, AEL, AFL, AMP, ANDE, ARLP, ARW, ASB, ASGN, ATO, BANR, BAX, BERY, BK, BPMP, BPOP, BRK.B, BRX, BUSE, BXP, CE, CFG, CHD, CHK, CHRW, CIO, CL, CMA, CMC, COP, CPF, CSL, CUBI, CVS, CVX, CW, DEA, DELL, DVN, ED, EPC, F, FANG, FCF, FFIC, FHI,
The following stocks traded to 52-week lows:
ABSI, ADN, AMWL, ANNX, APLT, AVDX, AVEO, AVLR, AVRO, AYX, BARK, BCAB, BEEM, BKKT, CIFR, CLBT, CLSK, CMPO, COOK, CRBU, CTKB, CVAC, CZOO, DKNG, DNA, DOMA, DTIL, EDIT, EPZM, FLDM, FRSH, FSLY, FVRR, GNOG, GRWG, HGEN, HOOD, HUMA, HYFM, INO, IRNT, IS, KIND, KLTR, LPSN, LTCH, LYEL, MLNK, NRDY,
The following ETFs traded to a 52-week high:
DIA, DIG, DVY, IGE, IYK, IYM, SDY, UYM, XLB, XLE, XLF, XLI, XLP, XME,