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These five S&P 500 stocks lost nearly half a trillion dollars in value in a single day amid a widespread decline

These five S&P 500 stocks lost nearly half a trillion dollars in value in a single day amid a widespread decline

The drop in gasoline prices could not mask the problem that frightened investors on September 13th: Core consumer prices resumed their rapid rise during August.

Fear of continued Fed tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average DJIA,
-3.94%
It fell 1,276 points (or 3.9%) to 31,104, with all 30 components showing a decline as selling activity increased late in the trading session. It was the biggest drop since June 2020.

S&P 500 SPX standard,
-4.32%
It fell 4.3 percent, with all but six of the day’s constituent stocks falling. Nasdaq Composite Index,
-5.16%
The performance was worse with a 5.2% drop, reflecting the sell-off of technology-oriented stocks.

In all, this was the worst one-day decline for the three indices since June 11, 2020.

Nasdaq -100 NDX Index,
-5.54%
It fell 5.5% with every single component stock closing in red.

Read: US inflation reappears in August, despite lower gas prices

Nvidia Corp. NVDA,
-9.47%
and Meta Platforms Inc. META,
-9.37%
The decline was led by the largest tech-oriented companies in the S&P 500, each down 9.4%, followed by Advanced Micro Devices Inc. AMD,
-8.99%And the
That fell 8.8%.

The top five S&P 500 companies by market capitalization lost $477 billion in value, as you can see here:

a company

ribbon

Market capitalization – close on September 13th ($ million)

Change in market capitalization – September 13 ($ million)

Change in Market Cap – 2022 (Million Dollars)

Price change – September 13

Price change – 2022

Apple company

AAPL,
-5.87%

$2,472,164

– 154,279 dollars

– $44,120

-5.9%

-13.4%

Microsoft Corporation.

MSFT,
-5.50%

$1,881,179

– $107,468

– 643,905 dollars

-5.4%

-25.0%

Amazon.com Inc.

AMZN,
-7.06%

$1,291,171

– $98,921

– $399,832

-7.1%

-24.0%

Alphabet Inc. Class A

Google,
-5.90%

$1,268,670

– $79,277

– $647.237

-5.9%

-28.0%

Tesla Corporation

TSLA,
-4.04%

$916603

– $37,288

– $144,684

-3.9%

-17.0%

totals

$78,29786

– $477,234

– $2,276,778

Source: FactSet

Worst Loser in the S&P 500

Among the six stocks in the S&P 500 that did not decline on September 13, the notable performer was Twitter Inc. TWTR,
+ 0.80%And the
Which rose 0.8% after the company’s shareholders He accepted the controversial takeover offer of Tesla CEO Elon Musk. Twitter stock is now down 39% from its 52-week high on October 20, 2021.

Here are the 20 worst-performing companies in the Big Capital Benchmark Index for today:

a company

ribbon

Price change – September 13

Price change – 2022

Down from 52-week high

52-week high history

Eastman chemical company

EMN,
-11.34%

-11.1%

-30.2%

-34.8%

01/19/2022

Nvidia Corp.

NVDA,
-9.47%

-9.4%

-55.3%

-62.1%

11/22/2021

Meta Platforms Inc. Class A

dead,
-9.37%

-9.4%

-54.5%

-60.1%

09/10/2021

Lumen Technologies Inc.

LUMN,
-9.14%

-9.1%

-27.1%

-36.8%

11/05/2021

Western Digital Corporation.

WDC,
-9.13%

-9.1%

-39.7%

-43.3%

01/05/2022

Advanced Micro Devices Inc.

AMD,
-8.99%

-8.8%

-46.4%

-53.1%

11/30/2021

Caesars Entertainment Inc.

CZR,
-8.62%

-8.7%

-51.3%

-62.0%

01/10/2021

Whirlpool Corporation.

WHR,
-8.35%

-8.5%

-37.6%

-40.4%

01/05/2022

Generac Holdings Inc.

GNRC,
-8.40%

-8.2%

-39.3%

-59.3%

02/11/2021

NXP Semiconductor NV

NXPI,
-8.05%

-8.2%

-31.8%

-35.3%

12/07/2021

Capital One Financial Corporation.

COF,
-7.97%

-8.0%

-30.4%

-42.2%

10/21/2021

financial synchronization

SYF,
-7.87%

-7.9%

-31.9%

-39.8%

10/19/2021

Lennar Corp. Class A

LEN,
-7.91%

-7.9%

-36.1%

-36.8%

12/13/2021

Align Technology Inc.

ALGN,
-7.74%

-7.8%

-62.4%

-66.5%

09/23/2021

Netflix Inc.

NFLX,
-7.78%

-7.8%

-63.8%

-68.9%

11/17/2021

Qorvo Company

QRVO,
-7.70%

-7.8%

-44.9%

-53.1%

09/14/2021

Franklin Resources Inc.

The son of ,
-7.89%

-7.6%

-26.2%

-35.4%

02/11/2021

Micron Technology Co.

MU,
-7.46%

-7.4%

-42.4%

-45.5%

01/05/2022

Black Rock Company

BLK,
-7.45%

-7.3%

-29.5%

-33.7%

11/12/2021

Paramount Global Class B

bara,
-7.13%

-7.3%

-25.5%

-45.4%

09/28/2021

Source: FactSet

Click on the indicators to learn more about each company. click over here For Tomi Kilgore’s detailed guide to the wealth of information freely available on MarketWatch’s quotes pages.

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