The markets have been a bit of a mixed bag halfway through 2012, but the good news is, the major indices have eked out some gains, with the Dow Jones up more than 2% and the S&P 500 up a healthy 5%.
Then there’s that other news.
For most of 2012’s second quarter, Greece, Spain, Italy — you name it — have all done their part to shake investor confidence as they struggle to solve debt problems, China hasn’t been quite as “growthy” as we’d like, and the good ol’ USA remains on a shaky road to recovery. So those aforementioned indices are up, but healthy cuts of 5% to 6% over the past few months have really taken the sheen off the early-year rally.
This list takes a look at some of the companies hurting the most at 2012’s midway point — namely, the five worst Dow Jones Industrial Average components, and the five worst in the S&P 500. And there’s no particular flavor — the biggest losers across the market have come from a number of sectors.
Here’s the list: