Price movement of S&P 500 indexes
On March 18, 2016, the S&P 500 Index slightly outperformed the S&P Consumer Staples Index and the S&P Consumer Discretionary. The indexes had respective returns of 0.44%, -0.19%, and 0.10%.
On the other hand, the S&P Consumer Discretionary stocks have a monthly return of 0.24%, which is much higher than the -0.41% and 0.06% recorded by the S&P 500 Index and the S&P 500 Consumer Staples Index, respectively.
Biggest losers at the end of last week
Biggest winners at the end of last week
The top gaining stocks on March 18 include the following:
- Cooper Tire & Rubber (CTB) rose 1.5% after Moody’s upgraded its rating of the company and provided a stable outlook.
- Fiat Chrysler Automobiles (FCAU) rose 3.1% after Standard & Poor’s upgraded its long-term debt rating.
The Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap–weighted index of consumer staples stocks drawn from the S&P 500. XLP is the ETF of consumer goods.
In this series, we’ll take a look at the above companies’ stock price movements and latest quarterly results. We’ll start with Ball Corporation in the next part of this series.