Top 10 S&P 500 weekly gainers and losers as Wall Street crashes
Seeking Alpha News (Sat, 05-Apr 2:10 PM)
Wall Street on Friday suffered its biggest weekly retreat since the peak of the COVID-19 pandemic collapse in 2020. The panic was sparked by U.S. President Donald Trump's sweeping reciprocal tariffs announcement.
The benchmark S&P 500 index (SP500) slid -9.08% for the week to end in correction territory.
Here are the top 10 S&P 500 losers of the week:
- APA (NASDAQ:APA); weekly decline -27.4%, Quant rating Hold.
- Micron Technology (NASDAQ:MU); weekly decline -26.8%, Quant rating Buy.
- Microchip Technology (NASDAQ:MCHP); weekly decline -26.5%, Quant rating Sell.
- Western Digital (NASDAQ:WDC); weekly decline -24.8%; Quant rating Hold.
- GE HealthCare Technologies (NASDAQ:GEHC); weekly decline -24.4%, Quant rating Hold.
- Freeport-McMoRan (NYSE:FCX); weekly decline -24.1%, Quant rating Hold.
- Southwest Airlines (NYSE:LUV); weekly decline -23%, Quant rating Buy.
- Dell Technologies (NYSE:DELL); weekly decline -22.4%, Quant rating Hold.
- Warner Bros. Discovery (NASDAQ:WBD); weekly decline -22.2%, Quant rating Hold.
- Diamondback Energy (NASDAQ:FANG); weekly decline -21.7%, Quant rating Hold.
And here are the top 10 S&P 500 gainers of the week:
- Lamb Weston (NYSE:LW); weekly advance +9.2%, Quant rating Sell.
- Dollar General (NYSE:DG); weekly advance +7.6%, Quant rating Hold.
- Molina Healthcare (NYSE:MOH); weekly advance +7.4%, Quant rating Hold.
- Ross Stores (NASDAQ:ROST); weekly advance +3.9%, Quant rating Hold.
- TJX (NYSE:TJX); weekly advance +3.3%, Quant rating Hold.
- NVR (NYSE:NVR); weekly advance +3.2%, Quant rating Hold.
- Centene (NYSE:CNC); weekly advance +3.1%, Quant rating Buy.
- McKesson (NYSE:MCK); weekly advance +2.3%, Quant rating Hold.
- American Tower (NYSE:AMT); weekly advance +2.1%, Quant rating Hold.
- UnitedHealth (NYSE:UNH); weekly advance +1.7%, Quant rating Hold.
For reference, Seeking Alpha's Quant system consistently outperforms the S&P (SP500), driven by powerful computer processing and SA's special 'Quantamental' analysis. It awards grades to stocks based on collective value, growth, profitability, earnings per share revisions, and price momentum metrics.
Here are some exchange-traded funds that track the S&P (SP500): (NYSEARCA:SPY), (NYSEARCA:VOO), (NYSEARCA:IVV), (NYSEARCA:RSP), (NYSEARCA:SSO), (NYSEARCA:UPRO), (NYSEARCA:SH), (NYSEARCA:SDS), and (NYSEARCA:SPXU).
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- S&P 500's Thursday-Friday rout among largest two-day declines in the last 40 years
- Chinese markets only winner in the aftermath of Trump's tariff carnage