Value of Consumer Discretionary company KAR Auction Services Inc. (KAR:NYQ) based in Carmel fell 37.4% on Nov. 29, 2022

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Value in Consumer Discretionary stocks rose 30 percent on Nov. 29, 2022 from the previous day.

The strongest performing Consumer Discretionary company in Indiana was Escalade Inc. (ESCA:NMQ), sitting 26.7 percent higher to sell at $10.21.

KAR Auction Services Inc. (KAR:NYQ) fared the worst among Indiana companies, suffering a 37.4 percent drop to $13.11.

Among Carmel companies, KAR Auction Services Inc. (KAR:NYQ) saw the biggest fall in value of 37.4 percent on Nov. 29, 2022.

The Consumer Discretionary sector was the daily best-performing sector on the market.

Health Care 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 Nov. 29, 2022

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Discretionary30%321,568,264.6%-100%
Financials9.6%83,724,366.3%-100%
Industrials7.1%45,965,264.9%-100%
Consumer Staples2.5%47,279,974%-99.8%
Energy2.1%173,175,774.8%-99.4%
Technology-1.6%78,773,319.6%-99.9%
Telecommunications-2.4%5,655.2%-89.9%
Basic Materials-4.4%31,170,728.8%-91.2%
Real Estate-5.4%62,041,279.3%-99%
Utilities-6%222,420,155.6%-76%
Health Care-13.6%63,016,923%-100%

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