By Mark DeCambre, MarketWatch
Paramount Pictures/courtesy Everett Collection
It was the week that was. In fact, it was the worst calendar-year opening week for the Dow Jones Industrial Average and the S&P 500 stock benchmarks ever. What a way to start 2016.
The Dow /zigman2/quotes/210598065/realtime DJIA -2.88% lopped off about 1,078 points, for a 6.2% decline and the S&P 500 /zigman2/quotes/210599714/realtime SPX -2.19% shed 121 points, or nearly 6%, according to Dow Jones data.
The abysmal sea of red was fueled primarily by worries about the state of the second-largest economy in the world: China. Hand-wringing about Beijing’s economic health is tied to deep-rooted concerns about a global recession and a massive liquidity pinch that could sweep the globe, aided by plunging commodity prices like crude oil.
Indeed, the U.S. benchmark for oil, West Texas Intermediate trading on the New York Mercantile Exchange /zigman2/quotes/209723706/delayed CLG26 0.00% , ended the week down 11.2%, and its international counterpart, Brent crude , saw a 10.5% weekly drop.
Against that backdrop, it is hard to imagine that any winners emerged. But there were a few.
MarketWatch spotted about three dozen S&P 500 stocks that managed to avoid the worst of the reckoning and end the week in positive territory. Time Warner shares led the pack with a roughly 10% weekly gain, while Wal-Mart advanced 3.7%—a notable feat for a company whose shares didn’t exactly set the world on fire in 2015.
Other stocks, including a handful energy names, enjoyed a bounce that helped them avoid the worst week ever. Here’s a more complete list:
|Companies||% Return from Jan. 4 to Jan. 8, 2015|
|Time Warner Inc.||10.1%|
|Flir Systems /zigman2/quotes/207487690/composite FLIR||7.9%|
|Range Resources Corp. /zigman2/quotes/205059849/composite RRC||4.6%|
|EQT Corp. /zigman2/quotes/209305691/composite EQT||4,5%|
|Wal-Mart Stores /zigman2/quotes/207374728/composite WMT||3.7%|
|Spectra Energy Corp. /zigman2/quotes/202797958/composite SE||3.6%|
|Consolidated Edison Inc. /zigman2/quotes/207137172/composite ED||3.4%|
|Constellation Brands Inc. /zigman2/quotes/207737284/composite STZ||3.2%|
|Dominion Resources /zigman2/quotes/206853976/composite D||2.8%|
|Signet Jewelers Limited /zigman2/quotes/204614427/composite SIG||2.6%|
|Macy’s Inc. /zigman2/quotes/201854387/composite M||2.6%|
|Equinix Inc. /zigman2/quotes/208927761/composite EQIX||2.4%|
|C.H. Robinson Worldwide Inc. /zigman2/quotes/203490767/composite CHRW||1.8%|
|Nextra Energy Inc. /zigman2/quotes/200558509/composite NEE||1.2%|
|GameStop Corp. /zigman2/quotes/203755179/composite GME||1.2%|
|Hasbro Inc. /zigman2/quotes/201249319/composite HAS||1%|
|Xcel Energy Inc. /zigman2/quotes/200626850/composite XEL||0.8%|
|Ameren Inc. /zigman2/quotes/200090237/composite AEE||0.7%|
|Dollar Tree /zigman2/quotes/203712248/composite DLTR||0.7%|
|Kohl’s Corp /zigman2/quotes/210414114/composite KSS||0.5%|
|Republic Services Inc. /zigman2/quotes/205979971/composite RSG||0.3%|
|WEC Energy Group /zigman2/quotes/207419035/composite WEC||0.3%|
|Keurig Green Mountain||0.3%|
|Exelon Corp. /zigman2/quotes/205982254/composite EXC||0.2%|
|Teco. Energy Inc.||0.1%|
|Newmont Mining Corp. /zigman2/quotes/205356474/composite NEM||0.1%|
|Altria Group Inc. /zigman2/quotes/208895754/composite MO||0.1%|
|CMS Energy Group /zigman2/quotes/209852159/composite CMS||0.1%|
|Precision Castparts Corp.||0.03%|