Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 1.8% on July 8

Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 1.8% on July 8

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The value in Banks stocks fell 7.2 percent on July 8 from the previous day.

The strongest performing Banks company in Indiana was Finward Bancorp (FNWD:NAQ), sitting 183.3 percent higher to sell at $37.06.

Richmond Mutual Bancorporation Inc. (RMBI:NAQ) fared the worst among Indiana companies, suffering a 67.5 percent drop to $13.77.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 1.8 percent on July 8.

The Finance and Credit Services industry was the daily best-performing industry on the market. The market is divided into 39 different industries.

Tobacco was the worst-performing industry.

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 industries on July 8

Industry% ChangeHighest Positive ChangeLargest Negative Change
Finance and Credit Services149.7%47,446,757.1%-97.3%
Travel and Leisure11.2%327,643,253.1%-79.3%
Alternative Energy4.9%5,736,992.5%-96.7%
Life Insurance3.4%123.7%-83.7%
Non-life Insurance3.2%2,676,952.6%-97%
Mortgage Real Estate Investment Trusts2.8%171,537,072.8%-49.2%
Consumer Services1.9%38,115,719.2%-75%
Investment Banking and Brokerage Services1.8%587,010,810.5%-89.6%
Industrial Support Services1.8%528,382,402.5%-93.6%
Personal Goods1.7%83,342,212.6%-56.6%
Pharmaceuticals and Biotechnology1.7%600,924,195.8%-95.8%
Aerospace and Defense1.4%46,577,715.6%-92.8%
Electronic and Electrical Equipment1.4%684,704.6%-97.3%
Oil, Gas and Coal1.1%566,532,292.6%-94.4%
Telecommunications Service Providers0.9%6,846,912.8%-93.6%
Retailers0.7%26,212,911.4%-94.9%
Health Care Providers0.7%8,097,431.9%-92.3%
Industrial Metals and Mining0.6%135,999,900%-71.4%
Telecommunications Equipment0.4%1,089.9%-70.1%
Software and Computer Services0.3%125,049,852.9%-96.9%
Household Goods and Home Construction0.2%33,786,636.6%-97.1%
Waste and Disposal Services0.1%4,173,755.9%-72%
Personal Care, Drug and Grocery Stores-0.2%69,492,584.6%-85.5%
Construction and Materials-0.3%17,615,649%-48.3%
Real Estate Investment Trusts-0.6%92,994,488.4%-86.9%
Industrial Transportation-0.6%39,481,114.3%-71%
Industrial Engineering-0.6%907,459.7%-84.6%
Automobiles and Parts-0.6%1,505,183.3%-85%
Gas, Water and Multi-utilities-0.7%792.2%-51.9%
Industrial Materials-0.8%1.8%-51.6%
Chemicals-0.9%33,287,913.9%-94.5%
Technology Hardware and Equipment-0.9%63,704,351%-91%
Precious Metals and Mining-1%5,491.7%-72.4%
Media-1.1%361,477.3%-86.7%
General Industrials-3.1%14,564.1%-97.9%
Food Producers-4.1%1,156,684.1%-90.4%
Banks-7.2%48,387,717.6%-99.1%
Beverages-15.7%38,213,078.4%-99.2%
Tobacco-18.1%76,465,817.2%-49%

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