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# Here are Wednesday’s biggest losers in the stock market as 97% of S&P 500 companies dropped

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Here are Wednesday’s biggest losers in the stock market as 97% of S&P 500 companies dropped

Cruise lines took a beating as new coronavirus cases in the U.S. rose to a record

Pre-election jitters and an elevated number of new COVID-19 infections helped send the S&P 500 Index of the largest U.S. stocks down for a third straight session Monday.

There have been a record 500,000 new coronavirus infections in the U.S. over the past week, according to reporting by the New York Times.

In the S&P 500, three cruise-line companies were among the 15 worst performers. They are listed below.

• The Dow Jones Industrial Average
DJIA,
-3.43%
 fell 943 points (or 3.4%) to close at 26,519.95. It is now down 7.1% for 2020. This was the largest one-day decline for the index since June 11.

• The S&P 500
SPX,
-3.52%
 was down 3.5%, but was still up 1.2% for 2020.

• The Nasdaq Composite Index
COMP,
-3.73%
 dropped 3.7%, but was still up 22.6% for 2020.

The Dow

All but one of the components of the Dow were down for the day, with Microsoft Corp.
MSFT,
-4.95%
showing the greatest decline of 5.1% and Travelers Cos.
TRV,
+2.02%
 being the lone exception with a 2% gain:

Company

Ticker

Price change – Oct. 28

Price change – 2020

Decline from all-time intraday high

Date of all-time intraday high

Microsoft Corp.

MSFT,
-4.95%
-5.1%

28.4%

-13.1%

09/02/2020

Visa Inc. Class A

V,
-4.83%
-4.8%

-3.7%

-16.8%

09/02/2020

Salesforce.com Inc.

CRM,
-4.74%
-4.7%

46.6%

-16.2%

09/02/2020

Apple Inc.

AAPL,
-4.63%
-4.6%

51.5%

-19.4%

09/02/2020

Nike Inc. Class B

NKE,
-4.61%
-4.6%

20.5%

-7.1%

10/21/2020

Boeing Co.

BA,
-4.57%
-4.6%

-54.5%

-66.8%

03/01/2019

Caterpillar Inc.

CAT,
-4.27%
-4.3%

2.4%

-12.7%

01/16/2018

Walgreens Boots Alliance Inc.

WBA,
-3.91%
-3.9%

-41.3%

-64.5%

08/05/2015

UnitedHealth Group Inc.

UNH,
-3.90%
-3.9%

4.8%

-8.2%

10/23/2020

Coca-Cola Co.

KO,
-3.88%
-3.9%

-13.4%

-20.2%

02/21/2020

Walt Disney Co.

DIS,
-3.92%
-3.9%

-18.1%

-22.8%

11/26/2019

Chevron Corp.

CVX,
-3.78%
-3.8%

-44.5%

-50.5%

07/24/2014

McDonald’s Corp.

MCD,
-3.71%
-3.7%

8.6%

-7.4%

10/16/2020

International Business Machines Corp.

IBM,
-3.53%
-3.5%

-20.4%

-50.6%

03/15/2013

American Express Co.

AXP,
-3.50%
-3.5%

-26.4%

-33.7%

01/24/2020

Honeywell International Inc.

HON,
-3.35%
-3.4%

-8.9%

-12.4%

01/17/2020

Johnson & Johnson

JNJ,
-3.34%
-3.3%

-5.1%

-11.9%

04/23/2020

Procter & Gamble Co.

PG,
-3.30%
-3.3%

10.2%

-5.6%

10/16/2020

Amgen Inc.

AMGN,
-3.16%
-3.2%

-10.2%

-18.3%

07/06/2020

Cisco Systems Inc.

CSCO,
-3.14%
-3.1%

-25.5%

-56.5%

03/27/2000

Intel Corp.

INTC,
-3.04%
-3.0%

-26.1%

-41.6%

08/28/2000

Goldman Sachs Group Inc.

GS,
-3.02%
-3.0%

-17.5%

-31.1%

03/12/2018

Dow Inc.

DOW,
-2.98%
-3.0%

-17.4%

-25.3%

04/04/2019

J.P. Morgan Chase & Co.

JPM,
-2.80%
-2.8%

-30.7%

-31.6%

01/02/2020

Home Depot Inc.

HD,
-2.57%
-2.6%

23.5%

-7.9%

08/27/2020

Merck & Co. Inc.

MRK,
-2.32%
-2.3%

-16.2%

-17.8%

12/20/2019

Walmart Inc.

WMT,
-1.98%
-2.0%

17.8%

-7.5%

09/02/2020

Verizon Communications Inc.

VZ,
-1.86%
-1.9%

-8.3%

-9.6%

10/04/1999

3M Co.

MMM,
-1.55%
-1.6%

-10.1%

-39.0%

01/26/2018

Travelers Cos. Inc.

TRV,
+2.02%
2.0%

-11.3%

-21.7%

07/16/2019

Source: FactSet

Scroll the table to see all the data. You can click on the tickers for more about each company.

S&P 500

On Wednesday, 97% of S&P 500 component stocks ended lower. Here are the day’s 15 worst performers in the benchmark index:

Company

Ticker

Price change – Oct. 28

Price change – 2020

Decline from all-time intraday high

Date of all-time intraday high

 C.H. Robinson Worldwide Inc. 

CHRW,
-11.44%
-11.4%

13.3%

-17.0%

10/08/2020

 Carnival Corp. 

CCL,
-10.61%
-10.6%

-75.8%

-83.1%

01/30/2018

 Unum Group 

UNM,
-9.20%
-9.2%

-43.2%

-73.5%

01/21/1999

 Norwegian Cruise Line Holdings Ltd. 

NCLH,
-9.07%
-9.1%

-74.3%

-76.6%

11/02/2015

 United Parcel Service Inc. Class B 

UPS,
-8.81%
-8.8%

33.1%

-12.5%

10/21/2020

 Akamai Technologies Inc. 

AKAM,
-8.72%
-8.7%

12.8%

-71.8%

01/03/2000

 Halliburton Co. 

HAL,
-8.71%
-8.7%

-53.3%

-84.6%

07/24/2014

 DexCom Inc. 

DXCM,
-8.27%
-8.3%

59.6%

-23.5%

08/07/2020

 IPG Photonics Corp. 

IPGP,
-8.12%
-8.1%

27.9%

-29.8%

01/16/2018

 Mastercard Inc. Class A 

MA,
-8.11%
-8.1%

-2.4%

-20.7%

08/28/2020

 Royal Caribbean Group 

RCL,
-7.42%
-7.4%

-60.2%

-60.8%

01/29/2018

 Diamondback Energy Inc. 

FANG,
-7.41%
-7.4%

-73.5%

-82.5%

10/03/2018

 Raytheon Technologies Corp. 

RTX,
-7.41%
-7.4%

-40.7%

-44.0%

02/11/2020

 Idex Corp. 

IEX,
-7.22%
-7.2%

0.3%

-11.2%

10/20/2020

 HollyFrontier Corp. 

HFC,
-7.21%
-7.2%

-66.0%

-79.3%

06/04/2018

Source: FactSet

Nasdaq-100

All components of the Nasdq-100 Index
NDX,
-3.93%
 declined on Wednesday except for one: Automatic Data Processing Inc.
ADP,
+6.19%.
 

The day’s worst 10 performers among the Nasdaq-100 included several names that had shown high double-digit, or even triple-digit, gains for 2020:

Company

Ticker

Price change – Oct. 28

Price change – 2020

Decline from all-time intraday high

Date of all-time intraday high

 DexCom Inc. 

DXCM,
-8.27%
-9.0%

59.6%

-23.5%

08/07/2020

 Moderna Inc. 

MRNA,
-6.97%
-7.5%

236.1%

-31.0%

07/17/2020

 Ross Stores Inc. 

ROST,
-6.74%
-7.2%

-26.7%

-31.3%

02/20/2020

 Nvidia Corp. 

NVDA,
-5.74%
-6.1%

114.7%

-14.3%

09/02/2020

 Ulta Beauty Inc. 

ULTA,
-5.60%
-5.9%

-20.4%

-45.4%

07/17/2019

 Facebook Inc. Class A 

FB,
-5.51%
-5.8%

30.4%

-12.1%

08/26/2020

 Alphabet Inc. Class A 

GOOGL,
-5.50%
-5.8%

12.8%

-12.5%

09/02/2020

 Booking Holdings Inc. 

BKNG,
-5.45%
-5.8%

-21.8%

-28.0%

03/13/2018

 Autodesk Inc. 

ADSK,
-5.18%
-5.5%

29.5%

-11.5%

10/19/2020

 Microchip Technology Inc. 

MCHP,
-5.01%
-5.3%

-2.1%

-12.0%

10/09/2020

Source: FactSet

Don’t miss: The high yields on municipal bonds are tempting, but you need to be mindful of these hidden risks

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