Corydon company First Capital Inc. (FCAP:NAQ) working in Financials sees value fall 5.6% on July 6

Corydon company First Capital Inc. (FCAP:NAQ) working in Financials sees value fall 5.6% on July 6

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Value in Financials stocks rose three percent on July 6 from the previous day.

The strongest performing Financials company in Indiana was CNO Financial Group Inc. (CNO:NYQ), sitting 32.6 percent higher to sell at $17.54.

Simon Property Group Acquisition Holdings Inc. (SPGS:NYQ) fared the worst among Indiana companies, suffering a 99.7 percent drop to $9.82.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 5.6 percent on July 6.

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

Energy 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 July 6

Sector% ChangeHighest Positive ChangeLargest Negative Change
Financials3%165,111,827%-100%
Basic Materials2.2%1,871,977.9%-100%
Telecommunications1.8%8,900%-100%
Real Estate1.4%1,189,759.2%-100%
Health Care0.1%212,835,869.3%-100%
Industrials-0.2%245,401,420.4%-100%
Consumer Staples-0.3%1,207,040.1%-100%
Technology-0.4%62,611.3%-100%
Consumer Discretionary-0.7%326,342,833.7%-100%
Energy-1.2%17,538,953.9%-100%

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