The Block: Looking at the best and worst performing assets in the current market downturn
Quick Take
Since peaking on February 20, the S&P 500 index has dropped by as much as 35.8% in 22 trading days
Biotechnology was the best-performing equity sector, followed by consumer staple firms, gold-mining firms and health-care providers, food and beverage companies, and medical device manufacturers
The worst-performing sector is, not surprisingly, the energy industry, which took a major hit because of the cratering price of crude oil that fell by 62%
Bitcoin and Ethereum are amongst the worst performing assets
Additional Info
- Read full article on: The Block
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.