Value of Corydon-based Financials company First Capital Inc. (FCAP:NAQ) fell 30.6% on May 18

Value of Corydon-based Financials company First Capital Inc. (FCAP:NAQ) fell 30.6% on May 18

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Value in Financials stocks rose 12.3 percent on May 18 from the previous day.

The strongest performing Financials company in Indiana was OneMain Holdings Inc. (OMF:NYQ), sitting 29.8 percent higher to sell at $42.24.

AMB Financial Corp. (AMFC:PKC) fared the worst among Indiana companies, suffering an 86.5 percent drop to $22.25.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 30.6 percent on May 18.

The Financials sector was the daily best-performing sector on the market.

Consumer Staples was the worst-performing sector.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Rank of stock market sectors on May 18

Sector% ChangeHighest Positive ChangeLargest Negative Change
Financials12.3%144,455.6%-100.0%
Consumer Discretionary10.8%6,090.5%-99.7%
Telecommunications6.3%4,004.3%-93.8%
Basic Materials5.2%8,601.3%-99.5%
Real Estate4.2%1,731.4%-88.0%
Industrials-3.3%1,961.8%-98.0%
Utilities-3.3%409.4%-79.6%
Health Care-8.2%1,990.7%-100.0%
Technology-13.1%542.3%-99.6%
Energy-16.1%270.6%-95.7%
Consumer Staples-41.2%1,910.8%-79.9%

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