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SW Arkansas Times

Wednesday, October 2, 2024

Value of El Dorado-based Consumer Discretionary company Murphy Usa Inc. (MUSA:NYQ) rose 35,316,800% on Sept. 22

Stock market 17 edited

Value in Consumer Discretionary stocks fell 3.1 percent on Sept. 22 from the previous day.

The strongest performing Consumer Discretionary company in Arkansas was Murphy Usa Inc. (MUSA:NYQ), sitting 35,316,750.7 percent higher to sell at $274.94.

Dillard's Inc. (DDS:NYQ) fared the worst among Arkansas companies, suffering a 37.2 percent drop to $286.76.

Among El Dorado companies, Murphy Usa Inc. (MUSA:NYQ) saw the highest rise in value of 35,316,800 percent on Sept. 22.

The Real Estate sector was the daily best-performing sector on the market.

Telecommunications was the worst-performing sector.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market sectors on Sept. 22

Sector% ChangeHighest Positive ChangeLargest Negative Change
Real Estate-0.5%173,802,491.4%-100%
Technology-1.1%88,409,905.2%-100%
Consumer Discretionary-3.1%271,791,394.2%-100%
Industrials-3.6%20,764,994.3%-100%
Health Care-3.9%276,537,213.4%-100%
Utilities-4.4%355,609,192.5%-100%
Basic Materials-4.9%52,727,998.4%-100%
Energy-5.4%17,436,391.2%-100%
Financials-6.1%228,786,996.8%-100%
Consumer Staples-8.5%319,836,469.3%-100%
Telecommunications-8.6%935.6%-100%

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