Here are Friday’s worst stock-market performers as oil takes the market down – MarketWatch

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The largest one-day decline for oil since 2014 pushed 13 stocks in the S&P 500 energy sector down by double digits

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West Texas Intermediate crude oil fell 10% on March 6.


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On the worst day for oil prices in more than five years, the broad U.S. stock indexes took another beating on Friday.

• The Dow Jones Industrial Average
DJIA,
-0.98%

was down 256.5 points, or 1%, to close at 25,864.78.

• The S&P 500 index
SPX,
-1.70%

fared considerably worse, with a 1.7% decline on Friday. The benchmark index ended 12.2% below its last closing record set on Feb. 19.

• The Nasdaq Composite Index
COMP,
-1.86%

fell 1.9%.

West Texas Intermediate crude oil for April delivery
CLJ20,
-9.43%

plunged 10.2% to settle at $41.28 a barrel — the biggest one-day decline for the most active contract since Nov. 28, 2014. The S&P 500 energy sector fell 5.6% and its worst performers are listed below.

That action followed a failure by OPEC and Russia to come to an agreement on oil-production cuts in the wake of greatly reduced global demand as the coronavirus continued to spread.

A flight to safety was underlined by very strong demand for U.S. Treasury paper. The yield on 10-year Treasury
TMUBMUSD10Y,
0.767%

notes plunged as low as 0.66% early Friday before moving up to 0.75% at 4 p.m. ET. That was down from 0.92% Thursday, 1.13% a week earlier and 1.92% at the end of 2019.

S&P 500

Friday’s worst 15 performers among the S&P 500 included 14 energy stocks:

Company

Industry

Ticker

Price change – March 6, 2020

Price change since Feb. 19

Decline from 52-week high

Price change – 2020

Price change – 2019

Diamondback Energy Inc.

Oil & Gas Production

FANG,
-16.57%
-16.6%

-38.8%

-57.5%

-47.7%

0.2%

Devon Energy Corp.

Oil & Gas Production

DVN,
-16.17%
-16.2%

-41.2%

-62.2%

-48.5%

15.2%

Cimarex Energy Co.

Oil & Gas Production

XEC,
-15.40%
-15.4%

-40.0%

-67.7%

-53.5%

-14.9%

Apache Corp.

Integrated Oil

APA,
-14.95%
-15.0%

-27.3%

-45.7%

-19.1%

-2.5%

Occidental Petroleum Corp.

Oil & Gas Production

OXY,
-14.67%
-14.7%

-36.8%

-61.0%

-34.8%

-32.9%

National Oilwell Varco Inc.

Oilfield Services/Equipment

NOV,
-13.22%
-13.2%

-32.9%

-46.6%

-37.4%

-2.5%

Helmerich & Payne Inc.

Contract Drilling

HP,
-13.15%
-13.2%

-39.3%

-57.4%

-39.3%

-5.2%

Marathon Oil Corp.

Oil & Gas Production

MRO,
-12.43%
-12.5%

-34.8%

-63.9%

-49.7%

-5.3%

Mosaic Co.

Chemicals: Agricultural

MOS,
-11.67%
-11.7%

-22.4%

-53.6%

-34.0%

-25.9%

Pioneer Natural Resources Co.

Oil & Gas Production

PXD,
-11.37%
-11.4%

-25.6%

-41.0%

-30.6%

15.1%

Halliburton Co.

Oilfield Services/Equipment

HAL,
-11.33%
-11.3%

-41.3%

-59.5%

-46.6%

-7.9%

Oneok Inc.

Oil & Gas Pipelines

OKE,
-10.89%
-10.9%

-20.2%

-22.0%

-19.1%

40.3%

Concho Resources Inc.

Oil & Gas Production

CXO,
-10.74%
-10.7%

-29.7%

-53.4%

-33.8%

-14.8%

EOG Resources Inc.

Oil & Gas Production

EOG,
-10.61%
-10.6%

-28.5%

-48.8%

-34.0%

-4.0%

Noble Energy Inc.

Oil & Gas Production

NBL,
-9.93%
-9.9%

-29.6%

-53.1%

-46.4%

32.4%

Source: FactSet

You can click the tickers for more about each company.

Dow 30

Here’s how the 30 components of the Dow Jones Industrial Average fared:

Company

Ticker

Price change – March 6, 2020

Price change since Feb. 19

Decline from 52-week high

Price change – 2020

Price change – 2019

JPMorgan Chase & Co.

JPM,
-5.16%
-5.2%

-21.4%

-23.4%

-22.5%

42.8%

Exxon Mobil Corp.

XOM,
-4.82%
-4.8%

-21.0%

-42.9%

-31.7%

2.3%

Goldman Sachs Group Inc.

GS,
-2.98%
-3.0%

-18.7%

-23.0%

-16.1%

37.6%

Microsoft Corp.

MSFT,
-2.82%
-2.8%

-13.7%

-15.3%

2.5%

55.3%

Dow Inc.

DOW,
-2.81%
-2.8%

-18.1%

-35.6%

-28.8%

#N/A

Home Depot Inc.

HD,
-2.68%
-2.7%

-6.2%

-7.6%

4.6%

27.1%

Coca-Cola Co.

KO,
-2.60%
-2.6%

-7.5%

-8.1%

-0.2%

16.9%

Travelers Companies Inc.

TRV,
-2.48%
-2.5%

-7.2%

-19.5%

-8.8%

14.4%

Nike Inc. Class B

NKE,
-2.45%
-2.5%

-13.8%

-16.3%

-12.8%

36.6%

American Express Co.

AXP,
-2.43%
-2.4%

-21.0%

-21.6%

-13.1%

30.6%

Intel Corp.

INTC,
-2.08%
-2.1%

-16.9%

-19.5%

-6.8%

27.5%

Chevron Corp.

CVX,
-1.92%
-1.9%

-13.9%

-25.1%

-20.9%

10.8%

International Business Machines Corp.

IBM,
-1.40%
-1.4%

-15.3%

-19.5%

-4.7%

17.9%

Visa Inc. Class A

V,
-1.39%
-1.4%

-13.6%

-13.9%

-1.9%

42.4%

Apple Inc.

AAPL,
-1.32%
-1.4%

-10.7%

-11.9%

-1.6%

86.2%

Pfizer Inc.

PFE,
-1.24%
-1.2%

-3.3%

-21.4%

-10.6%

-10.2%

Verizon Communications Inc.

VZ,
-0.50%
-0.5%

-2.3%

-8.6%

-7.4%

9.2%

Caterpillar Inc.

CAT,
-0.45%
-0.5%

-11.3%

-19.4%

-17.8%

16.2%

Johnson & Johnson

JNJ,
+0.01%
0.0%

-4.6%

-8.1%

-2.6%

13.0%

Procter & Gamble Co.

PG,
+0.02%
0.0%

-3.0%

-5.0%

-2.6%

35.9%

United Technologies Corp.

UTX,
+0.03%
0.0%

-16.1%

-20.2%

-15.5%

40.6%

Cisco Systems Inc.

CSCO,
+0.27%
0.2%

-14.4%

-32.0%

-17.3%

10.7%

McDonald’s Corp.

MCD,
+0.27%
0.3%

-7.8%

-10.4%

0.6%

11.3%

UnitedHealth Group Inc.

UNH,
+0.32%
0.3%

-7.0%

-7.4%

-3.4%

18.0%

Boeing Co.

BA,
+0.75%
0.8%

-22.5%

-39.5%

-19.5%

1.0%

Merck & Co. Inc.

MRK,
+0.76%
0.8%

0.2%

-11.3%

-9.6%

19.0%

Walmart Inc.

WMT,
+1.13%
1.1%

-0.4%

-6.5%

-1.4%

27.6%

Walt Disney Co.

DIS,
+1.13%
1.1%

-18.4%

-24.9%

-20.3%

31.9%

3M Co.

MMM,
+1.47%
1.5%

-3.6%

-30.1%

-12.9%

-7.4%

Walgreens Boots Alliance Inc.

WBA,
+3.54%
3.5%

-3.0%

-22.4%

-14.3%

-13.7%

Source: FactSet

Nasdaq

Here are the day’s worst 10 performers among components of the Nasdaq-100 Index
NDX,
-1.63%

:  

Company

Ticker

Price change – March 6, 2020

Price change since Feb. 19

Decline from 52-week high

Price change – 2020

Price change – 2019

Autodesk Inc.

ADSK,
-5.77%
-5.8%

-12.7%

-18.0%

-5.5%

42.6%

JD.com Inc. Sponsored ADR Class A

JD,
-5.51%
-5.5%

3.9%

-7.0%

19.7%

68.3%

Western Digital Corp.

WDC,
-5.16%
-5.2%

-17.0%

-24.0%

-13.8%

71.7%

Cadence Design Systems Inc.

CDNS,
-4.58%
-4.6%

-15.2%

-19.5%

-6.7%

59.5%

Micron Technology Inc.

MU,
-4.18%
-4.2%

-10.5%

-15.9%

-4.3%

69.5%

ANSYS Inc.

ANSS,
-4.14%
-4.1%

-16.2%

-20.5%

-7.6%

80.1%

Adobe Inc.

ADBE,
-4.06%
-4.1%

-8.4%

-12.9%

2.1%

45.8%

Workday Inc. Class A

WDAY,
-4.01%
-4.0%

-16.3%

-30.0%

-3.5%

3.0%

Copart Inc.

CPRT,
-3.98%
-4.0%

-20.1%

-23.5%

-11.8%

90.3%

Intuit Inc.

INTU,
-3.83%
-3.8%

-6.0%

-10.0%

5.4%

33.1%

Source: FactSet

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Here are Friday’s worst stock-market performers as oil takes the market down - MarketWatch 1

Philip van Doorn covers various investment and industry topics. He has previously worked as a senior analyst at TheStreet.com. He also has experience in community banking and as a credit analyst at the Federal Home Loan Bank of New York.

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