Friday, February 9, 2018

The Biggest Losers

It was another rough day on Wall Street yesterday, as the S&P 500 fell by 3.8 percent and the Dow Jones industrial average fell 4.1 percent. All 30 stocks in the Dow declined on the day.

Incredibly, four of the Dow 30 have lost more than 10 percent of their value already this year. They include:

  • General Electric, down 17.2 percent
  • Procter & Gamble, down 12.7 percent
  • American Express, down 11.0 percent
  • Chevron, down 10.3 percent


But all of those look better than the biggest loser in the S&P. Chesapeake Energy has lost more than a quarter of its value - declining 28.8 percent - since the beginning of the year.

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