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Deep Dive: Here are Friday’s worst stock-market performers as oil takes the market down

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On the worst day for oil prices in more than five years, the broad U.S. stock indexes took another beating on Friday.

• The Dow Jones Industrial Average DJIA, -0.98% was down 256.5 points, or 1%, to close at 25,864.78.

• The S&P 500 index SPX, -1.70% fared considerably worse, with a 1.7% decline on Friday. The benchmark index ended 12.2% below its last closing record set on Feb. 19.

• The Nasdaq Composite Index COMP, -1.86% fell 1.9%.

West Texas Intermediate crude oil for April delivery CLJ20, -9.43% plunged 10.2% to settle at $41.28 a barrel — the biggest one-day decline for the most active contract since Nov. 28, 2014. The S&P 500 energy sector fell 5.6% and its worst performers are listed below.

That action followed a failure by OPEC and Russia to come to an agreement on oil-production cuts in the wake of greatly reduced global demand as the coronavirus continued to spread.

A flight to safety was underlined by very strong demand for U.S. Treasury paper. The yield on 10-year Treasury TMUBMUSD10Y, 0.767% notes plunged as low as 0.66% early Friday before moving up to 0.75% at 4 p.m. ET. That was down from 0.92% Thursday, 1.13% a week earlier and 1.92% at the end of 2019.

S&P 500

Friday’s worst 15 performers among the S&P 500 included 14 energy stocks:

Company Industry Ticker Price change – March 6, 2020 Price change since Feb. 19 Decline from 52-week high Price change – 2020 Price change – 2019
Diamondback Energy Inc. Oil & Gas Production FANG, -16.57% -16.6% -38.8% -57.5% -47.7% 0.2%
Devon Energy Corp. Oil & Gas Production DVN, -16.17% -16.2% -41.2% -62.2% -48.5% 15.2%
Cimarex Energy Co. Oil & Gas Production XEC, -15.40% -15.4% -40.0% -67.7% -53.5% -14.9%
Apache Corp. Integrated Oil APA, -14.95% -15.0% -27.3% -45.7% -19.1% -2.5%
Occidental Petroleum Corp. Oil & Gas Production OXY, -14.67% -14.7% -36.8% -61.0% -34.8% -32.9%
National Oilwell Varco Inc. Oilfield Services/Equipment NOV, -13.22% -13.2% -32.9% -46.6% -37.4% -2.5%
Helmerich & Payne Inc. Contract Drilling HP, -13.15% -13.2% -39.3% -57.4% -39.3% -5.2%
Marathon Oil Corp. Oil & Gas Production MRO, -12.43% -12.5% -34.8% -63.9% -49.7% -5.3%
Mosaic Co. Chemicals: Agricultural MOS, -11.67% -11.7% -22.4% -53.6% -34.0% -25.9%
Pioneer Natural Resources Co. Oil & Gas Production PXD, -11.37% -11.4% -25.6% -41.0% -30.6% 15.1%
Halliburton Co. Oilfield Services/Equipment HAL, -11.33% -11.3% -41.3% -59.5% -46.6% -7.9%
Oneok Inc. Oil & Gas Pipelines OKE, -10.89% -10.9% -20.2% -22.0% -19.1% 40.3%
Concho Resources Inc. Oil & Gas Production CXO, -10.74% -10.7% -29.7% -53.4% -33.8% -14.8%
EOG Resources Inc. Oil & Gas Production EOG, -10.61% -10.6% -28.5% -48.8% -34.0% -4.0%
Noble Energy Inc. Oil & Gas Production NBL, -9.93% -9.9% -29.6% -53.1% -46.4% 32.4%
Source: FactSet

You can click the tickers for more about each company.

Dow 30

Here’s how the 30 components of the Dow Jones Industrial Average fared:

Company Ticker Price change – March 6, 2020 Price change since Feb. 19 Decline from 52-week high Price change – 2020 Price change – 2019
JPMorgan Chase & Co. JPM, -5.16% -5.2% -21.4% -23.4% -22.5% 42.8%
Exxon Mobil Corp. XOM, -4.82% -4.8% -21.0% -42.9% -31.7% 2.3%
Goldman Sachs Group Inc. GS, -2.98% -3.0% -18.7% -23.0% -16.1% 37.6%
Microsoft Corp. MSFT, -2.82% -2.8% -13.7% -15.3% 2.5% 55.3%
Dow Inc. DOW, -2.81% -2.8% -18.1% -35.6% -28.8% #N/A
Home Depot Inc. HD, -2.68% -2.7% -6.2% -7.6% 4.6% 27.1%
Coca-Cola Co. KO, -2.60% -2.6% -7.5% -8.1% -0.2% 16.9%
Travelers Companies Inc. TRV, -2.48% -2.5% -7.2% -19.5% -8.8% 14.4%
Nike Inc. Class B NKE, -2.45% -2.5% -13.8% -16.3% -12.8% 36.6%
American Express Co. AXP, -2.43% -2.4% -21.0% -21.6% -13.1% 30.6%
Intel Corp. INTC, -2.08% -2.1% -16.9% -19.5% -6.8% 27.5%
Chevron Corp. CVX, -1.92% -1.9% -13.9% -25.1% -20.9% 10.8%
International Business Machines Corp. IBM, -1.40% -1.4% -15.3% -19.5% -4.7% 17.9%
Visa Inc. Class A V, -1.39% -1.4% -13.6% -13.9% -1.9% 42.4%
Apple Inc. AAPL, -1.32% -1.4% -10.7% -11.9% -1.6% 86.2%
Pfizer Inc. PFE, -1.24% -1.2% -3.3% -21.4% -10.6% -10.2%
Verizon Communications Inc. VZ, -0.50% -0.5% -2.3% -8.6% -7.4% 9.2%
Caterpillar Inc. CAT, -0.45% -0.5% -11.3% -19.4% -17.8% 16.2%
Johnson & Johnson JNJ, +0.01% 0.0% -4.6% -8.1% -2.6% 13.0%
Procter & Gamble Co. PG, +0.02% 0.0% -3.0% -5.0% -2.6% 35.9%
United Technologies Corp. UTX, +0.03% 0.0% -16.1% -20.2% -15.5% 40.6%
Cisco Systems Inc. CSCO, +0.27% 0.2% -14.4% -32.0% -17.3% 10.7%
McDonald’s Corp. MCD, +0.27% 0.3% -7.8% -10.4% 0.6% 11.3%
UnitedHealth Group Inc. UNH, +0.32% 0.3% -7.0% -7.4% -3.4% 18.0%
Boeing Co. BA, +0.75% 0.8% -22.5% -39.5% -19.5% 1.0%
Merck & Co. Inc. MRK, +0.76% 0.8% 0.2% -11.3% -9.6% 19.0%
Walmart Inc. WMT, +1.13% 1.1% -0.4% -6.5% -1.4% 27.6%
Walt Disney Co. DIS, +1.13% 1.1% -18.4% -24.9% -20.3% 31.9%
3M Co. MMM, +1.47% 1.5% -3.6% -30.1% -12.9% -7.4%
Walgreens Boots Alliance Inc. WBA, +3.54% 3.5% -3.0% -22.4% -14.3% -13.7%
Source: FactSet
Nasdaq

Here are the day’s worst 10 performers among components of the Nasdaq-100 Index NDX, -1.63% :  

Company Ticker Price change – March 6, 2020 Price change since Feb. 19 Decline from 52-week high Price change – 2020 Price change – 2019
Autodesk Inc. ADSK, -5.77% -5.8% -12.7% -18.0% -5.5% 42.6%
JD.com Inc. Sponsored ADR Class A JD, -5.51% -5.5% 3.9% -7.0% 19.7% 68.3%
Western Digital Corp. WDC, -5.16% -5.2% -17.0% -24.0% -13.8% 71.7%
Cadence Design Systems Inc. CDNS, -4.58% -4.6% -15.2% -19.5% -6.7% 59.5%
Micron Technology Inc. MU, -4.18% -4.2% -10.5% -15.9% -4.3% 69.5%
ANSYS Inc. ANSS, -4.14% -4.1% -16.2% -20.5% -7.6% 80.1%
Adobe Inc. ADBE, -4.06% -4.1% -8.4% -12.9% 2.1% 45.8%
Workday Inc. Class A WDAY, -4.01% -4.0% -16.3% -30.0% -3.5% 3.0%
Copart Inc. CPRT, -3.98% -4.0% -20.1% -23.5% -11.8% 90.3%
Intuit Inc. INTU, -3.83% -3.8% -6.0% -10.0% 5.4% 33.1%
Source: FactSet

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