Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Today's 3 Worst Stocks in the S&P 500

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

The current state of the labor market isn't anything to brag about, but it seems to be improving steadily. Data today showed monthly jobless claims reached their lowest point since 2007, a stat that gave the S&P 500 Index (SNPINDEX: ^GSPC  ) a reprieve from its five-day losing streak. By day's end, the benchmark index was up 5 points, or 0.4%, to end at 1,698. 

Jabil Circuit (NYSE: JBL  ) was the S&P's most severe decliner, plunging 9.9%. The components manufacturer is coping with the floundering market share of BlackBerry, which is Jabil's second-largest account. With BlackBerry going private as it struggles to compete with larger competitors, Jabil forecast weak revenue in the upcoming quarter, causing Thursday's sharp sell-off. 

Telecommunications player Windstream (NASDAQ: WIN  ) shed 4.3%, though the decline had little to do with fundamental business problems like Jabil's. Windstream's stock went ex-dividend today, meaning that anyone who owned the stock at the market's close yesterday could sell it today and still receive the next quarterly dividend. With Windstream rewarding investors to the tune of $0.25 per share per quarter, about 2.9% of the stock's decline could have been expected..

Lastly, shares of data storage company Western Digital (NASDAQ: WDC  ) fell 3.2% a day after news of its CFO's departure broke. Wolfgang Nicki, a man with an exemplary name and a fine track record at the company, has been with Western Digital for nearly 20 years. To add insult to injury, Western Digital shares were taken off Longbow Research's "Best Ideas List," its stock having been vaulted by rival Seagate Technology

Let data go to work for you
The amount of data we store every year is growing by a mind-boggling 60% annually! To make sense of this trend and pick out a winner, The Motley Fool has compiled a new report called "The Only Stock You Need to Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since first recommended by Fool analysts but still has plenty of room left to run. To get instant access to the name of this company transforming the IT industry, click here -- it's free.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2657440, ~/Articles/ArticleHandler.aspx, 9/28/2016 11:44:48 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,198.85 -29.45 -0.16%
S&P 500 2,152.96 -6.97 -0.32%
NASD 5,289.77 -15.94 -0.30%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 11:34 AM
^GSPC $2152.96 Down -6.97 -0.32%
S&P 500 INDEX CAPS Rating: No stars
JBL $22.15 Up +0.23 +1.03%
Jabil Circuit CAPS Rating: ***
WDC $57.15 Down -1.21 -2.07%
Western Digital CAPS Rating: ***
WIN $10.17 Up +0.01 +0.05%
Windstream CAPS Rating: **