These 20 stocks in the S&P skidded up to 21.5% during another brutal week for the market

Another tough week for US equities ended with a decline in stocks of oil producers and Ford Motor Co. plunging further on concerns over supply shortages.

The S&P 500 SPX
It fell 1.7% on Friday for a one-week drop of 4.6% as investors continued to worry about Federal Reserve interest rate hikes to moderate inflation.

Among the constituents of the benchmark index, all but 17 showed declines for the week. West Texas Intermediate Crude for November CL delivery
it fell nearly 6% to stand at $ 78.74 a barrel on the New York Mercantile Exchange, a decline of 7.1% in one week.

Laws: U.S. oil prices drop below $ 80 a barrel, hitting their lowest since January due to recession fears

“The macro environment is really bad” for oil prices, according to Gabelli analyst Simon Wong. During an interview, Wong said the strong dollar was producing oil, which is priced in dollars, more expensive to other countries and hurts the demand for crude oil. The energy sector had the worst performance for the bad week, as you can see below.

Eight of the 20 stocks in the S&P 500 that fell the most during the week were in the energy sector:

Agency

ticker

Industry

Price change: from one week to September 23

Price change – September 23

Price change – 2022

Caesars Entertainment Inc.

CZR

Casino / Game

-21.5%

-6.0%

-62.2%

APA Corp.

APA

Integrated oil

-18.8%

-11.4%

22.2%

Carnival Corp.

CCL

Hotel / Resort / Cruise lines

-16.8%

-7.2%

-55.5%

SolarEdge Technologies Inc.

SEDG

Electrical products

-16.7%

-4.5%

-7.8%

Marathon Oil Corp.

MRO

Oil and gas production

-16.5%

-10.9%

33.4%

Ford Motor Co.

f

Motor vehicles

-16.3%

-3.6%

-40.7%

Iron Mountain Inc.

IRM

Real estate investment funds

-15.7%

-2.8%

-10.9%

Catalent Inc.

CTLT

Pharmaceuticals: Maggiore

-15.4%

-3.7%

-40.6%

Charter Communications Inc. Class A

CHTR

Cable / satellite TV

-14.8%

-3.7%

-50.7%

MatchGroup Inc.

MTCH

Internet software / services

-14.6%

-2.6%

-64.2%

Hess Corp.

HE IS

Oil and gas production

-14.0%

-8.6%

41.3%

Live Nation Entertainment Inc.

LYV

Movies / entertainment

-13.9%

-2.9%

-37.1%

Devon Energy Corp.

DVN

Integrated oil

-13.7%

-8.6%

31.0%

Steris PLC

ST

Medical specialties

-13.6%

-5.4%

-31.3%

Ball Corp.

BALL

Containers / Packaging

-13.3%

-0.2%

-49.0%

Diamondback Energy Inc.

FANG

Oil and gas production

-13.1%

-9.0%

6.8%

Penn Entertainment Inc.

PENN

Casino / Game

-12.9%

-0.5%

-48.7%

Halliburton Co.

ROOM

Oilfield services / equipment

-12.8%

-8.7%

7.5%

Pioneer Natural Resources Co.

PXD

Oil and gas production

-12.7%

-7.8%

14.9%

ONEOK Inc.

WELL

Oil and gas pipelines

-12.4%

-8.4%

-10.2%

Source: FactSet

Click the tickers for more information on each company, including news coverage, financial data, and charts. Then read Tomi Kilgore’s detailed guide to the wealth of information available for free on MarketWatch’s quote pages.

Shares of Ford F
plunged another 3.6% on Friday to a one-week drop of 16.5% after the Wall Street Journal reported that the company had delayed delivery of some vehicles because it didn’t have enough blue oval badges to wear them. This followed Ford’s warning on Monday that it would end the third quarter with more unfinished vehicles than previously expected.

Read on: Ford announces leadership changes as accelerates “Ford +” growth plan, strengthens supply chain operations

Energy slips but is still ahead for 2022

The energy sector of the S&P 500 fell the most for the week, but is still one of only two sectors showing gains for 2022:

S&P 500 sector

Price change – one week

Price change – September 23

Price change – 2022

power

-9.0%

-6.7%

28.4%

At the discretion of the consumer

-7.0%

-2.3%

-28.6%

Real estate

-6.4%

-1.3%

-27.6%

materials

-5.7%

-2.0%

-24.3%

financial

-5.6%

-1.5%

-20.5%

Communication services

-5.1%

-1.8%

-37.5%

industrial

-4.5%

-1.9%

-19.8%

Information Technology

-3.6%

-1.4%

-29.0%

health care

-3.4%

-0.5%

-12.9%

Utility

-3.0%

-1.2%

0.3%

Basic necessities

-2.1%

-1.7%

-9.9%

S&P 500

-4.6%

-1.7%

-22.5%

Source: FactSet

not to be missed: Tesla, Take-Two, and Exxon are among the exceptions to this big problem for stock prices

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