Only 18 stocks in the S&P 500 are trading up

A whopping 96% of the S&P 500’s components are losing ground amid Thursday’s stock market carnage. Of the 18 stocks seeing gains, only three have a market capitalization above the average of $77.1 billion. Meanwhile, the S&P 500 tumbled 3.9%, on track for the biggest selloff since it plummeted 5.9% on June 11, 2020. The top gainers were shares of EPAM Systems Inc. , up 8.2%, and Albermarle Corp. , up 7.5%. The companies with the largest market caps seeing stock gains were AbbVie Inc. , Booking Holdings Inc. and Charter Communications Inc. . The biggest decliners were share of Etsy Inc. , down 18.2%, and Cognizant Technology Solutions Corp. , down 13.4%.

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