{"id":1255010,"date":"2023-04-24T03:15:39","date_gmt":"2023-04-24T07:15:39","guid":{"rendered":"https:\/\/bugaluu.com\/news\/visualizing-the-sp-500-in-2023-so-far\/1255010\/"},"modified":"2023-04-24T03:15:39","modified_gmt":"2023-04-24T07:15:39","slug":"visualizing-the-sp-500-in-2023-so-far","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/visualizing-the-sp-500-in-2023-so-far\/1255010\/","title":{"rendered":"Visualizing The S&P 500 In 2023 So Far"},"content":{"rendered":"

Visualizing The S&P 500 In 2023 So Far<\/span><\/p>\n

\n

With one quarter of 2023 in the books, how has the S&P 500 performed so far?<\/p>\n

The index had a tumultuous 2022, ending the year down 18%, its worst performance since 2008. But so far, despite dealing with tight monetary conditions and an unexpected banking crisis, the S&P 500 has promptly started to rebound.<\/p>\n

The animation below from Visual Capitalist’s Jan Varsava<\/strong><\/a>\u00a0shows the stock performance of each company on the\u00a0S&P 500<\/a>, categorized by sector.<\/p>\n<\/p>\n

Biggest Gainers on the S&P 500<\/h2>\n

The S&P 500 increased 7.5% during the first quarter of 2023. Though it was led by a few big outperformers, more than half of the stocks on the index closed above their end-of-December prices.<\/p>\n

Here are the top 30 biggest gainers on the index from January 1 to March 31, 2023.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rank<\/th>\nCompany<\/th>\n3-Month Return<\/th>\n<\/tr>\n<\/thead>\n
1<\/td>\nNvidia<\/td>\n90.1%<\/td>\n<\/tr>\n
2<\/td>\nMeta (Facebook)<\/td>\n76.1%<\/td>\n<\/tr>\n
3<\/td>\nTesla<\/td>\n68.4%<\/td>\n<\/tr>\n
4<\/td>\nWarner Bros. Discovery<\/td>\n59.3%<\/td>\n<\/tr>\n
5<\/td>\nAlign Technology<\/td>\n58.4%<\/td>\n<\/tr>\n
6<\/td>\nAMD<\/td>\n51.3%<\/td>\n<\/tr>\n
7<\/td>\nSalesforce<\/td>\n50.7%<\/td>\n<\/tr>\n
8<\/td>\nWest Pharmaceuticals<\/td>\n47.3%<\/td>\n<\/tr>\n
9<\/td>\nGeneral Electric<\/td>\n46.3%<\/td>\n<\/tr>\n
10<\/td>\nCatalent<\/td>\n46.0%<\/td>\n<\/tr>\n
11<\/td>\nFirst Solar<\/td>\n45.2%<\/td>\n<\/tr>\n
12<\/td>\nMonolithic Power Systems<\/td>\n41.8%<\/td>\n<\/tr>\n
13<\/td>\nMarketAxess Holdings<\/td>\n40.6%<\/td>\n<\/tr>\n
14<\/td>\nGE Healthcare Tech<\/td>\n40.5%<\/td>\n<\/tr>\n
15<\/td>\nArista Networks<\/td>\n38.3%<\/td>\n<\/tr>\n
16<\/td>\nANSYS Inc.<\/td>\n37.8%<\/td>\n<\/tr>\n
17<\/td>\nFortinet Inc.<\/td>\n35.9%<\/td>\n<\/tr>\n
18<\/td>\nWynn Resorts<\/td>\n35.7%<\/td>\n<\/tr>\n
19<\/td>\nParamount Global<\/td>\n33.8%<\/td>\n<\/tr>\n
20<\/td>\nFedEx Corp<\/td>\n32.7%<\/td>\n<\/tr>\n
21<\/td>\nMGM Resorts<\/td>\n32.5%<\/td>\n<\/tr>\n
22<\/td>\nRoyal Caribbean Group<\/td>\n32.1%<\/td>\n<\/tr>\n
23<\/td>\nON Semiconductor Corp<\/td>\n32.0%<\/td>\n<\/tr>\n
24<\/td>\nBooking Holdings<\/td>\n31.6%<\/td>\n<\/tr>\n
25<\/td>\nCadence Design Systems<\/td>\n30.8%<\/td>\n<\/tr>\n
26<\/td>\nSkyworks Solutions<\/td>\n30.2%<\/td>\n<\/tr>\n
27<\/td>\nPulte Group<\/td>\n28.4%<\/td>\n<\/tr>\n
28<\/td>\nSeagate Technology<\/td>\n27.1%<\/td>\n<\/tr>\n
29<\/td>\nApple<\/td>\n27.1%<\/td>\n<\/tr>\n
30<\/td>\nLam Research<\/td>\n26.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Nvidia<\/strong>\u00a0shares gained the most of all the companies on the S&P 500 in Q1 2023, posting a staggering 90% return over three months.<\/p>\n

As the world\u2019s largest chipmaker by market cap, Nvidia gained from both strong earnings and semiconductor industry performance. It also benefited from the rising prevalence of\u00a0artificial intelligence<\/a>\u00a0(AI) through software like ChatGPT.<\/p>\n

Meanwhile, other tech giants\u00a0Apple<\/strong>\u00a0and\u00a0Microsoft<\/strong>\u00a0gained 27% and 21% respectively over the same time period.<\/p>\n

Tech Leads Returns by Sector<\/h2>\n

The technology sector as a whole was the best performing sectoral index thanks to these big moves, up 21.7% at the end of March.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sector<\/th>\n3-Month Return<\/th>\n<\/tr>\n<\/thead>\n
Technology<\/td>\n21.65%<\/td>\n<\/tr>\n
Consumer Services<\/td>\n21.27%<\/td>\n<\/tr>\n
Consumer Discretionary<\/td>\n16.60%<\/td>\n<\/tr>\n
Materials<\/td>\n4.29%<\/td>\n<\/tr>\n
Industrials<\/td>\n3.47%<\/td>\n<\/tr>\n
Real Estate<\/td>\n1.95%<\/td>\n<\/tr>\n
Consumer Staples<\/td>\n0.72%<\/td>\n<\/tr>\n
Utilities<\/td>\n-3.24%<\/td>\n<\/tr>\n
Health Care<\/td>\n-4.31%<\/td>\n<\/tr>\n
Energy<\/td>\n-4.37%<\/td>\n<\/tr>\n
Financials<\/td>\n-5.56%<\/td>\n<\/tr>\n<\/tbody>\n
S&P 500<\/th>\n7.5%<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n

Shares of other tech-adjacent companies like Meta (formerly Facebook<\/a>) and Tesla\u2014listed on the S&P 500 under the categories of communication services and consumer discretionary\u2014also had a strong start to the year and lifted their respective sectors.<\/p>\n

Meta in particular is\u00a0up 76%<\/strong>\u00a0in Q1 2023, continuing its rebound after falling to an eight-year low in November 2022 on the back of better-than-expected\u00a0fourth quarter results<\/a>\u00a0and share buybacks.<\/p>\n

Biggest Losers on the S&P 500<\/h2>\n

On the other side of the S&P 500, the financial sector was rocked by\u00a0sudden collapses<\/a>.<\/p>\n

Signature Bank<\/strong>\u00a0and\u00a0Silicon Valley Financial Group<\/strong>\u00a0shares lost the most ground in the first quarter, after both banks collapsed, shedding nearly all of their value in a matter of 30 days.<\/p>\n

In fact, seven of the 10 worst performers on the index to start 2023 are banks or financial companies. The visualization shows the ripple effect on the market after the collapse of regional banks in March, and the ensuing rout driving the entire sector down 5.6% year-to-date.<\/p>\n

Here are the top 30 biggest losers on the index from January 1 to March 31, 2023.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rank<\/th>\nCompany<\/th>\n3-Month Return<\/th>\n<\/tr>\n<\/thead>\n
1<\/td>\nSignature Bank<\/td>\n-99.8%<\/td>\n<\/tr>\n
2<\/td>\nSilicon Valley Financial Group<\/td>\n-99.6%<\/td>\n<\/tr>\n
3<\/td>\nFirst Republic Bank<\/td>\n-88.5%<\/td>\n<\/tr>\n
4<\/td>\nLumen Technologies<\/td>\n-49.2%<\/td>\n<\/tr>\n
5<\/td>\nZions Bancorporation<\/td>\n-38.6%<\/td>\n<\/tr>\n
6<\/td>\nCharles Schwab Corp<\/td>\n-36.9%<\/td>\n<\/tr>\n
7<\/td>\nComerica Incorporated<\/td>\n-33.9%<\/td>\n<\/tr>\n
8<\/td>\nDISH Network<\/td>\n-33.5%<\/td>\n<\/tr>\n
9<\/td>\nKeyCorp<\/td>\n-27.3%<\/td>\n<\/tr>\n
10<\/td>\nLincoln National Corp<\/td>\n-25.8%<\/td>\n<\/tr>\n
11<\/td>\nCentene Corporation<\/td>\n-22.9%<\/td>\n<\/tr>\n
12<\/td>\nCigna Group<\/td>\n-22.5%<\/td>\n<\/tr>\n
13<\/td>\nAPA Corporation<\/td>\n-22.3%<\/td>\n<\/tr>\n
14<\/td>\nCitizens Financial Group<\/td>\n-22.1%<\/td>\n<\/tr>\n
15<\/td>\nEnphase Energy Inc.<\/td>\n-20.6%<\/td>\n<\/tr>\n
16<\/td>\nBaxter International Inc.<\/td>\n-19.9%<\/td>\n<\/tr>\n
17<\/td>\nTruist Financial Corporation<\/td>\n-19.9%<\/td>\n<\/tr>\n
18<\/td>\nAmerican International Group<\/td>\n-19.8%<\/td>\n<\/tr>\n
19<\/td>\nCVS Health Corporation<\/td>\n-19.7%<\/td>\n<\/tr>\n
20<\/td>\nPfizer<\/td>\n-19.6%<\/td>\n<\/tr>\n
21<\/td>\nGen Digital<\/td>\n-19.5%<\/td>\n<\/tr>\n
22<\/td>\nMetLife<\/td>\n-19.4%<\/td>\n<\/tr>\n
23<\/td>\nHuntington Bancshares<\/td>\n-19.4%<\/td>\n<\/tr>\n
24<\/td>\nFidelity National<\/td>\n-19.3%<\/td>\n<\/tr>\n
25<\/td>\nHalliburton Company<\/td>\n-19.2%<\/td>\n<\/tr>\n
26<\/td>\nMolina Healthcare<\/td>\n-19.0%<\/td>\n<\/tr>\n
27<\/td>\nPNC Financial Services<\/td>\n-18.8%<\/td>\n<\/tr>\n
28<\/td>\nBoston Properties<\/td>\n-18.4%<\/td>\n<\/tr>\n
29<\/td>\nFifth Third Bancorp<\/td>\n-17.8%<\/td>\n<\/tr>\n
30<\/td>\nAllstate Corporation<\/td>\n-17.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Despite the tight monetary landscape, traditionally defensive sectors like energy, consumer staples, and healthcare also underperformed the broader index. This is a reversal from\u00a0market trends seen in 2022<\/a>.<\/p>\n

Investment Trends to Watch for in 2023<\/h2>\n

Experts predict a pause in U.S. interest rate hikes \u201csometime in 2023\u201d but it\u2019s unclear when (or at what level) the pause will take place given persistent inflation in the economy.<\/p>\n

However, if interest rates level off in 2023, it could be a key momentum maker for the S&P 500. As Barron\u2019s\u00a0points out<\/a>, the index tends to rise after hikes are paused.<\/p>\n

Meanwhile, the current\u00a0tumult in the financial sector<\/a>\u00a0is fanning the flames of recessionary fears. How effectively regulators manage the crisis might be the story of the year.<\/p>\n

Finally, as we have seen in 2023 so far, investor interest in AI has sent tech stocks soaring. Is this a quick fad, or an overarching trend for the year?<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nMon, 04\/24\/2023 – 05:45<\/span><\/p>\n

From:Zerohedge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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