Weekly #SP500 Market Update (Mar 16–20)

Weekly #SP500 Market Update (Mar 16–20)

$SPY -2.5% this week as weakness in technology, healthcare, and consumer stocks weighed on the index, while energy and financials showed relative strength.

Largest declines

🔻 $LLY #EliLilly -8.0%

🔻 $ABBV #AbbVie -6.6%

🔻 $TSLA #Tesla -5.9%

🔻 $WMT #Walmart -5.2%

🔻 $BA #Boeing -4.6%

🔻 $GE #GeneralElectric -4.3%

🔻 $NVDA #NVIDIA -4.0%

🔻 $ORCL #Oracle -3.5%

🔻 $MSFT #Microsoft -3.4%

🔻 $META #Meta -3.2%

Relatively resilient / gainers

▪ $AMZN #Amazon -1.0%

▪ $AAPL #Apple -0.8%

▪ $GOOGL #Alphabet -0.1%

▲ $JPM #JPMorgan +1.5%

▲ $XOM #ExxonMobil +3.0%

▲ $CVX #Chevron +3.2%

▲ $GS #GoldmanSachs +4.2%

▲ $MS #MorganStanley +4.4%

Sector takeaway

• Semiconductors and large-cap tech pulled the index lower

• Healthcare saw sharp declines led by drug manufacturers

• Energy and banks were the main pockets of strength

Short-term volatility remains elevated as markets reassess growth and rates expectations.

#investing #stocks #stockmarket #sp500 #finance #markets