Stock markets are officially in bear territory, but the food and energy sectors are bucking the trend. Occidental Petroleum and Hess were the index’s best performers in the first half of the year, while General Mills and Domino’s topped the chart in June. The end of the month was the S&P 500’s worst H1 in more than 50 years. At the half-year point, Occidental Petroleum is the best-performing S&P 500 stock, up 103.9% year-to-date to 30 June. The S&P 500’s fall of more than 20% since the start of the year places the stock market into bear territory.

Source: CNN July 04, 2022 19:04 UTC