August 16, 2022

Gains were spread across tech, materials, industrials and retailers

The third quarter shaped up to be favorable for U.S. stocks, with broad gains across many sectors, including winners in Big Tech. But there were also surprises, as you can see in the stock tables below.

The Dow Jones Industrial Average US:DJIA  was up 7.6% in the third quarter, for a 2.7% decline for all of 2020. The S&P 500 Index US:SPX  was up 8.5% in the quarter, for a 4.1% gain for 2020. The Nasdaq Composite Index US:COMP  gained 11% in the third quarter and was up 24.5% for 2020, despite a 5% decline in September.

Scroll the tables to the right to see all the data.

All sectors of the S&P 500 had gains in the third quarter except for energy, which tumbled almost 20%, even though the price of oil US:CL00, based on continuous contract quotes, rose 2%. Rising COVID-19 infections have led to economic closures, dragging on the sector.

Dow

Among the 30 components of the Dow Jones Industrial Average, 24 were up for the third quarter. There were three changes to the index Aug. 31, with Salesforce.com Inc. US:CRM  replacing Exxon Mobil Corp. US:XOM, Amgen Inc. US:AMGN  replacing Pfizer Inc. US:PFE  and Honeywell International Inc. US:HON  replacing Raytheon Technologies Corp. US:RTX.

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