Corydon company First Capital Inc. (FCAP:NAQ) working in Financials sees value fall nine% on Dec. 8, 2022

Corydon company First Capital Inc. (FCAP:NAQ) working in Financials sees value fall nine% on Dec. 8, 2022

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Value in Financials stocks fell 5.5 percent on Dec. 8, 2022 from the previous day.

The strongest performing Financials company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 349.6 percent higher to sell at $22.32.

Monument Circle Acquisition Corp. (MON:NAQ) fared the worst among Indiana companies, suffering a 100 percent drop to $10.04.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of nine percent on Dec. 8, 2022.

The Consumer Discretionary sector was the daily best-performing sector on the market.

Health Care 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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market sectors on Dec. 8, 2022

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Discretionary25.7%373,309,362.9%-100%
Industrials7.5%222,457,527.1%-100%
Basic Materials4.2%86,028,718.4%-100%
Technology2.2%42,748,791.5%-100%
Telecommunications1%44,127.9%-98.9%
Consumer Staples0.6%321,169,400.4%-100%
Real Estate-0.8%19,428,614.7%-100%
Utilities-1.2%20,918,788.9%-100%
Financials-5.5%95,270,120.8%-100%
Energy-6.7%235,494,074.1%-100%
Health Care-7%62,336,073.5%-100%

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