Value of Basic Materials company Senestech Inc. (SNES:NAQ) based in Flagstaff fell 0.9% on June 7

Value of Basic Materials company Senestech Inc. (SNES:NAQ) based in Flagstaff fell 0.9% on June 7

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Value in Basic Materials stocks rose 1.7 percent on June 7 from the previous day.

The strongest performing Basic Materials company in Arizona was Southern Copper Corp. (SCCO:NYQ), sitting 46,087,176.8 percent higher to sell at $64.89.

Zoned Properties Inc. (ZDPY:QBB) fared the worst among Arizona companies, suffering a 33.4 percent drop to $0.71.

Among Flagstaff companies, Senestech Inc. (SNES:NAQ) saw the biggest fall in value of 0.9 percent on June 7.

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

Financials 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 June 7

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy4.5%346,958,267.3%-100.0%
Consumer Staples2.9%1,612,158.1%-100.0%
Technology2.2%88,868,393.2%-100.0%
Health Care2.1%21,618,329%-100.0%
Basic Materials1.7%46,087,176.8%-100.0%
Real Estate1.6%7,736,686.3%-100.0%
Industrials1.3%28,805,915.7%-100.0%
Consumer Discretionary0.8%82,061,564.9%-100.0%
Utilities0.8%22,487.3%-100.0%
Telecommunications0.5%323,651%-100.0%
Financials-0.7%515,055,455.6%-100.0%

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