These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022


Wednesday turned into a big day for equities (the S&P 500 index had its biggest one-day percentage gain in nearly two years) after the Federal Reserve raised the federal funds rate by half a percentage point and announced plans to start reducing its bond portfolio below. month.

But key stock market benchmarks, and many of the day’s major drivers, remain deep in the red throughout the year, underscoring the difficult period it has been for investors. The Nasdaq Composite Index COMP,
+ 3.19%,
which added 3.2% on Wednesday, has fallen 17.1% for 2022. The Dow Jones Industrial Average DJIA,
+ 2.81%
down 6.3% more modest during the year after the 2.8% rise on Wednesday.

The winners of the day among the S&P 500

Among the S&P 500 SPX,
+ 2.99%,
10 shares rose at least 8% on May 4:

Company

Ticker

Price change: May 4

Price change – 2022

Decrease from a maximum of 52 weeks

Date of maximum intraday of 52 weeks

Paycom Software Inc.

PAYC,
+ 13.78%

13.8%

-21.0%

-41.3%

11/02/2021

Generac Holdings Inc.

GNRC,
+ 11.79%

11.8%

-25.6%

-50.1%

11/02/2021

Enphase Energy Inc.

ENPH,
+ 9.98%

10.0%

4.9%

-32.0%

11/22/2021

Starbucks Corp.

SBUX,
+ 9.83%

9.8%

-30.2%

-35.4%

23/07/2021

Xylem Inc.

XYL,
+ 9.63%

9.6%

-24.7%

-34.9%

09/02/2021

Amcor PLC

AMCR,
+ 9.61%

9.6%

9.2%

-0.4%

05/04/2022

Albemarle Corp.

WHITE,
+ 9.31%

9.3%

-7.8%

-26.1%

11/22/2021

Advanced Micro Devices Inc.

AMD,
+ 9.10%

9.1%

-30.9%

-39.5%

11/30/2021

Etsy Inc.

ETSY,
+ 8.75%

8.8%

-50.1%

-64.5%

26/11/2021

SolarEdge Technologies Inc.

SEDG,
+ 8.35%

8.3%

1.4%

-27.0%

11/22/2021

Source: FactSet

Click on the tickers for more information about each company.

Read Tomi Kilgore’s detailed guide to the vast amount of information for free on the MarketWatch budget page.

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