The strongest performing Financials company in Indiana was Monument Circle Acquisition Corp. (MON:NAQ), sitting 105.9 percent higher to sell at $9.8.
American Acquisition Opportunity Inc. (AMAO:NAQ) fared the worst among Indiana companies, suffering a 96.6 percent drop to $10.14.
Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 45.8 percent on June 3.
The Energy sector was the daily best-performing sector on the market.
Telecommunications 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.
Sector | % Change | Highest Positive Change | Largest Negative Change |
---|---|---|---|
Energy | 2% | 692,905,344.1% | -94.8% |
Basic Materials | 1.2% | 352,768,200.9% | -96.6% |
Utilities | 0.4% | 186,299,066.5% | -90.8% |
Consumer Discretionary | 0.4% | 739,323,709.5% | -88.0% |
Consumer Staples | 0.2% | 146,882,273.1% | -93.6% |
Industrials | -0.4% | 94,177,389.2% | -99.9% |
Real Estate | -1.1% | 349,681,520.8% | -94.1% |
Health Care | -1.2% | 172,715,975.9% | -99.4% |
Financials | -1.7% | 523,333,940.3% | -100.0% |
Technology | -2.5% | 61,829,766.9% | -99.6% |
Telecommunications | -6.4% | 8,515,138% | -97.3% |