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Philip van Doorn

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April 3, 2020, 5:24 p.m. EDT

3 S&P sectors climbed this week — here are the stocks that rose and fell the most

Investors anticipate an oil production deal between Saudi Arabia and Russia

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By Philip van Doorn, MarketWatch


Bloomberg
The Chevron refinery in Pasadena, Texas. Chevron was the best-performing component of the Dow Jones Industrial Average for the week ended April 3.

Stocks ended the week with relatively moderate declines, considering the “new normal” of high volatility on most days of the coronavirus crisis. The week’s winners were mainly energy companies.

• The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.68%  fell 361 points, or 1.7%, on Friday to close at 21,052.53. The index is down 2.7% from a week ago, down 28.8% from its closing high on Feb. 12 and down 26.2% so far in 2020. (All figures in this article exclude dividends.)

• The S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.64%  lost 1.5% Friday for a one-week decline of 2.1%. The benchmark index has now fallen 26.5% from its closing high on Feb. 19 and is down 23% so far in 2020. This year’s slump, of course, follows a 28.9% jump in 2019. Considering how quickly the COVID-19 pandemic led to 10 million in new unemployment claims in two weeks, you may be surprised that the S&P 500 is down only 13.4% from a year ago.

• The Nadaq Composite Index /zigman2/quotes/210598365/realtime COMP +1.00%  was down 1.5% on Friday for a one-week decline of 1.7%. The index is down 24.9% from its record close on Feb. 19 and down 17.8% so far in 2020.

The oil story

After President Trump called Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin, Trump said on Thursday via Twitter that he expected the countries to cut oil production by 10 million barrels a day. The president is trying to help U.S. shale oil producers — who have relatively high production costs — survive the lack of demand, which has been exacerbated by production increases by Saudi Arabia and Russia. Myra Saefong explained that the U.S. will have to cooperate in an OPEC+ production cut in order for it to be effective.

West Texas Crude intermediate oil for May delivery ended Friday at $28.34 a barrel, for a 31.8% leap over the week.

Read: I’m not doing this to ‘get the price of oil up’— ‘what I’m trying to do is keep it from crashing into the single digits,’ says Texas oil regulator

Here’s how the 11 sectors of the S&P 500 performed for the week:

S&P 500 sector Price change - 1 week through April 3 Price change - 2020 Price change - 2019
Energy 5.4% -49.8% 7.6%
Information Technology -2.0% -15.9% 48.0%
Financials -6.8% -36.3% 29.2%
Consumer Discretionary -4.7% -23.6% 26.2%
Materials -3.8% -30.6% 21.9%
Industrials -4.5% -30.8% 26.8%
Communication Services -1.4% -20.8% 30.9%
Health Care 2.0% -14.9% 18.7%
Real Estate -6.2% -24.3% 24.9%
Utilities -7.1% -19.9% 22.2%
Consumer Staples 3.5% -12.0% 24.0%
Source: FactSet

The Dow 30

Here’s how the 30 components of the Dow Jones Industrial Average performed for the week, sorted from best to worst:

Company Ticker Price change - 1 week through April 3 Price change - 2020 Price change - 2019
Chevron Corp. /zigman2/quotes/205871374/composite CVX   9.2% -37.7% 10.8%
Walmart Inc. /zigman2/quotes/207374728/composite WMT   9.0% 0.5% 27.6%
Johnson & Johnson /zigman2/quotes/201724570/composite JNJ   8.9% -8.0% 13.0%
Pfizer Inc. /zigman2/quotes/202877789/composite PFE   8.9% -14.1% -10.2%
Caterpillar Inc. /zigman2/quotes/203434128/composite CAT   8.8% -22.4% 16.2%
Merck & Co. Inc. /zigman2/quotes/209956077/composite MRK   6.3% -16.2% 19.0%
Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM   6.1% -43.8% 2.3%
Procter & Gamble Co. /zigman2/quotes/202894679/composite PG   4.5% -7.9% 35.9%
Verizon Communications Inc. /zigman2/quotes/204980236/composite VZ   3.7% -10.9% 9.2%
Intel Corp. /zigman2/quotes/203649727/composite INTC   3.4% -9.6% 27.5%
Microsoft Corp. /zigman2/quotes/207732364/composite MSFT   2.8% -2.5% 55.3%
Coca-Cola Co. /zigman2/quotes/209159848/composite KO   2.4% -20.8% 16.9%
Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO   0.6% -18.6% 10.7%
3M Co. /zigman2/quotes/205029460/composite MMM   0.4% -24.2% -7.4%
International Business Machines Corp. /zigman2/quotes/203856914/composite IBM   -1.6% -20.7% 17.9%
Dow Inc. /zigman2/quotes/203121064/composite DOW   -2.1% -48.9% N/A
McDonald's Corp. /zigman2/quotes/203508018/composite MCD   -2.2% -18.9% 11.3%
Apple Inc. /zigman2/quotes/202934861/composite AAPL   -2.6% -17.8% 86.2%
Walt Disney Co. /zigman2/quotes/203410047/composite DIS   -2.6% -35.1% 31.9%
Nike Inc. Class B /zigman2/quotes/203439053/composite NKE   -5.3% -22.2% 36.6%
UnitedHealth Group Inc. /zigman2/quotes/210453738/composite UNH   -5.3% -21.9% 18.0%
Visa Inc. Class A /zigman2/quotes/203660239/composite V   -6.0% -19.2% 42.4%
Travelers Companies Inc. /zigman2/quotes/206313935/composite TRV   -6.1% -31.4% 14.4%
Home Depot Inc. /zigman2/quotes/208081807/composite HD   -6.2% -18.2% 27.1%
Goldman Sachs Group Inc. /zigman2/quotes/209237603/composite GS   -7.2% -36.1% 37.6%
Walgreens Boots Alliance Inc. /zigman2/quotes/203410933/composite WBA   -7.5% -30.9% -13.7%
JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM   -7.8% -39.7% 42.8%
United Technologies Corp.   -12.9% -43.5% 40.6%
American Express Co. /zigman2/quotes/203805826/composite AXP   -17.1% -40.9% 30.6%
Boeing Co. /zigman2/quotes/208579720/composite BA   -23.1% -61.8% 1.0%
Source: FactSet

You can click on the tickers for more about each company, including the latest news coverage.

Scroll the table to see all the data.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,386.98
+185.46 +0.68%
Volume: 323.72M
Aug. 6, 2020 5:08p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,349.16
+21.39 +0.64%
Volume: 2.41B
Aug. 6, 2020 5:08p
loading...
/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
11,108.07
+109.67 +1.00%
Volume: 3.75M
Aug. 6, 2020 5:16p
loading...
/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 87.47
+0.27 +0.31%
Volume: 7.04M
Aug. 6, 2020 4:02p
P/E Ratio
N/A
Dividend Yield
5.90%
Market Cap
$162.80 billion
Rev. per Employee
$3.27M
loading...
/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 129.35
-0.46 -0.35%
Volume: 4.83M
Aug. 6, 2020 4:00p
P/E Ratio
24.60
Dividend Yield
1.67%
Market Cap
$367.62 billion
Rev. per Employee
$223,654
loading...
/zigman2/quotes/201724570/composite
US : U.S.: NYSE
$ 147.55
-0.85 -0.57%
Volume: 4.84M
Aug. 6, 2020 4:00p
P/E Ratio
25.93
Dividend Yield
2.74%
Market Cap
$390.71 billion
Rev. per Employee
$603,509
loading...
/zigman2/quotes/202877789/composite
US : U.S.: NYSE
$ 38.27
-0.18 -0.47%
Volume: 19.85M
Aug. 6, 2020 4:02p
P/E Ratio
15.22
Dividend Yield
3.97%
Market Cap
$213.58 billion
Rev. per Employee
$580,595
loading...
/zigman2/quotes/203434128/composite
US : U.S.: NYSE
$ 134.39
-0.58 -0.43%
Volume: 2.45M
Aug. 6, 2020 4:00p
P/E Ratio
18.02
Dividend Yield
3.07%
Market Cap
$73.05 billion
Rev. per Employee
$526,173
loading...
/zigman2/quotes/209956077/composite
US : U.S.: NYSE
$ 81.05
-0.59 -0.72%
Volume: 6.92M
Aug. 6, 2020 4:02p
P/E Ratio
19.73
Dividend Yield
3.01%
Market Cap
$206.07 billion
Rev. per Employee
$615,159
loading...
/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 43.64
-0.21 -0.48%
Volume: 14.43M
Aug. 6, 2020 4:04p
P/E Ratio
25.99
Dividend Yield
7.97%
Market Cap
$185.40 billion
Rev. per Employee
$3.93M
loading...
/zigman2/quotes/202894679/composite
US : U.S.: NYSE
$ 132.71
-0.73 -0.55%
Volume: 3.97M
Aug. 6, 2020 4:02p
P/E Ratio
26.75
Dividend Yield
2.38%
Market Cap
$330.89 billion
Rev. per Employee
$727,304
loading...
/zigman2/quotes/204980236/composite
US : U.S.: NYSE
$ 57.83
+0.29 +0.50%
Volume: 10.37M
Aug. 6, 2020 4:00p
P/E Ratio
12.51
Dividend Yield
4.25%
Market Cap
$238.10 billion
Rev. per Employee
$905,626
loading...
/zigman2/quotes/203649727/composite
US : U.S.: Nasdaq
$ 48.57
-0.02 -0.04%
Volume: 23.80M
Aug. 6, 2020 4:00p
P/E Ratio
8.94
Dividend Yield
2.72%
Market Cap
$208.06 billion
Rev. per Employee
$659,665
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 216.35
+3.41 +1.60%
Volume: 32.66M
Aug. 6, 2020 4:00p
P/E Ratio
37.56
Dividend Yield
0.94%
Market Cap
$1611.46 billion
Rev. per Employee
$902,473
loading...
/zigman2/quotes/209159848/composite
US : U.S.: NYSE
$ 47.48
+0.26 +0.55%
Volume: 10.75M
Aug. 6, 2020 4:00p
P/E Ratio
22.33
Dividend Yield
3.45%
Market Cap
$202.83 billion
Rev. per Employee
$506,342
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 47.77
+0.44 +0.93%
Volume: 14.19M
Aug. 6, 2020 4:00p
P/E Ratio
18.96
Dividend Yield
3.01%
Market Cap
$199.84 billion
Rev. per Employee
$684,933
loading...
/zigman2/quotes/205029460/composite
US : U.S.: NYSE
$ 156.00
+0.65 +0.42%
Volume: 2.89M
Aug. 6, 2020 4:02p
P/E Ratio
17.68
Dividend Yield
3.77%
Market Cap
$89.48 billion
Rev. per Employee
$350,368
loading...
/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 126.12
+0.67 +0.53%
Volume: 3.42M
Aug. 6, 2020 4:00p
P/E Ratio
14.31
Dividend Yield
5.17%
Market Cap
$111.72 billion
Rev. per Employee
$208,845
loading...
/zigman2/quotes/203121064/composite
US : U.S.: NYSE
$ 42.05
+0.06 +0.14%
Volume: 3.72M
Aug. 6, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
6.66%
Market Cap
$31.12 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/203508018/composite
US : U.S.: NYSE
$ 203.18
+3.92 +1.97%
Volume: 3.16M
Aug. 6, 2020 4:00p
P/E Ratio
32.22
Dividend Yield
2.46%
Market Cap
$148.16 billion
Rev. per Employee
$100,120
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 455.61
+15.36 +3.49%
Volume: 50.61M
Aug. 6, 2020 4:00p
P/E Ratio
34.63
Dividend Yield
0.72%
Market Cap
$1882.35 billion
Rev. per Employee
$1.98M
loading...
/zigman2/quotes/203410047/composite
US : U.S.: NYSE
$ 130.82
+3.21 +2.52%
Volume: 27.24M
Aug. 6, 2020 4:04p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$230.50 billion
Rev. per Employee
$295,532
loading...
/zigman2/quotes/203439053/composite
US : U.S.: NYSE
$ 100.45
-0.49 -0.49%
Volume: 4.06M
Aug. 6, 2020 4:00p
P/E Ratio
63.60
Dividend Yield
0.98%
Market Cap
$157.45 billion
Rev. per Employee
$529,466
loading...
/zigman2/quotes/210453738/composite
US : U.S.: NYSE
$ 314.06
+1.59 +0.51%
Volume: 3.31M
Aug. 6, 2020 4:00p
P/E Ratio
17.66
Dividend Yield
1.59%
Market Cap
$296.95 billion
Rev. per Employee
$754,157
loading...
/zigman2/quotes/203660239/composite
US : U.S.: NYSE
$ 198.77
+2.67 +1.36%
Volume: 7.48M
Aug. 6, 2020 4:00p
P/E Ratio
38.80
Dividend Yield
0.60%
Market Cap
$417.22 billion
Rev. per Employee
$1.25M
loading...
/zigman2/quotes/206313935/composite
US : U.S.: NYSE
$ 113.74
-1.34 -1.16%
Volume: 1.63M
Aug. 6, 2020 4:00p
P/E Ratio
16.23
Dividend Yield
2.99%
Market Cap
$29.14 billion
Rev. per Employee
$996,151
loading...
/zigman2/quotes/208081807/composite
US : U.S.: NYSE
$ 269.37
+1.89 +0.71%
Volume: 2.20M
Aug. 6, 2020 4:00p
P/E Ratio
26.77
Dividend Yield
2.23%
Market Cap
$287.68 billion
Rev. per Employee
$261,993
loading...
/zigman2/quotes/209237603/composite
US : U.S.: NYSE
$ 204.25
-0.27 -0.13%
Volume: 1.88M
Aug. 6, 2020 4:00p
P/E Ratio
10.83
Dividend Yield
2.45%
Market Cap
$70.33 billion
Rev. per Employee
$1.34M
loading...
/zigman2/quotes/203410933/composite
US : U.S.: Nasdaq
$ 40.89
+0.08 +0.20%
Volume: 4.70M
Aug. 6, 2020 4:00p
P/E Ratio
50.14
Dividend Yield
4.57%
Market Cap
$35.36 billion
Rev. per Employee
$380,198
loading...
/zigman2/quotes/205971034/composite
US : U.S.: NYSE
$ 97.24
+0.03 +0.03%
Volume: 10.48M
Aug. 6, 2020 4:00p
P/E Ratio
13.10
Dividend Yield
3.70%
Market Cap
$296.26 billion
Rev. per Employee
$497,647
loading...
/zigman2/quotes/203805826/composite
US : U.S.: NYSE
$ 95.92
+0.53 +0.56%
Volume: 2.70M
Aug. 6, 2020 4:02p
P/E Ratio
19.87
Dividend Yield
1.79%
Market Cap
$76.80 billion
Rev. per Employee
$733,559
loading...
/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 172.20
-2.08 -1.19%
Volume: 32.92M
Aug. 6, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$98.37 billion
Rev. per Employee
$660,961
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