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Stock impact report

GRAPHIC-Think the S&P 500 is in bad shape? Its components look worse [Reuters (UK)]

Quest Diagnostics Incorporated (DGX) 
Last quest diagnostics incorporated earnings: 4/22 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.questdiagnostics.com
Company Research Source: Reuters
Think the S&P 500 is in bad shape? Its components look worse - Reuters 3 Min Read SAN FRANCISCO (Reuters) - Wall Street’s worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500’s stocks in bear market territory, just nine days after the leading benchmark closed at a record high. With the world preparing for a pandemic and investors increasingly fearing that the coronavirus could lead to a recession, the S&P 500 .SPX is on track to end the week down 13%, its worst week since 2008. After closing at a record high on Feb. 19, the index has slumped 14%, now in a correction, but most of its individual components are in far worse shape. “As severe as the decline has been, and even if most of the damage has been done, it’s hard to believe it will be over in a week,” Wellington Shields & Co market analyst Frank Gretz warned in a client note on Friday. (GRAPHIC: S&P 500 components plummet from 52-week highs - here ) Forty-seven percent Show less Read more
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