These stocks were the biggest losers on the S&P 500's worst day in three months

Dow Jones01-21

MW These stocks were the biggest losers on the S&P 500's worst day in three months

By Philip van Doorn

The damage was widespread as investors showed their displeasure with Trump's tough words for U.S. allies

U.S. stock and bond markets underwent broad declines on Tuesday as investors reacted to various comments from President Donald Trump and concerns over Japan's fiscal health.

One day doesn't make a bear market, but investors returned from the holiday weekend in the U.S. by sending the S&P 500 down 2.1% on Tuesday, with 80% of its component stocks showing declines for the trading session. A list of the day's worst-performing stocks in the large-cap U.S. benchmark index is below.

The Dow Jones Industrial Average DJIA fell nearly 871 points, or 1.8%, to close at 48,488.59. The S&P 500's SPX decline was its worst since Oct. 10, when the index fell 2.7%. The Nasdaq Composite Index COMP declined 2.4% on Tuesday.

A "sell America" trade was also affecting the bond market, with the yield on 10-year U.S. Treasury notes BX:TMUBMUSD10Y rising 7 basis points to 4.30%, its highest level since last summer. And continuous front-month contracts for gold (GC00) rose 3.7% to $4,763.10 an ounce on the New York Mercantile Exchange.

Coverage of Tuesday's action across markets:

-- How Greenland could turn into a Big Tech problem, according to Morgan Stanley's Mike Wilson

-- Gold and silver hit fresh records as Trump's attack on 'the existing world order' stokes new surge in metal markets

-- The 'Sell America' trade is making a comeback on Tuesday. Here's what investors need to know.

-- Japan's long-bond yields surge to record highs. Why it may be a problem beyond Tokyo.

All sectors down, except for one

Here's how the 11 sectors of the S&P 500 performed on Tuesday, ascending, with the full index at the bottom. All price changes in this article exclude dividends:

   Sector or index           Jan. 20 price change  2026 price change  2025 price change 
   Information Technology                   -2.9%              -3.5%              23.3% 
   Consumer Discretionary                   -2.8%              -0.4%               5.3% 
   Financials                               -2.2%              -3.0%              13.3% 
   Communication Services                   -2.1%              -1.6%              32.4% 
   Industrials                              -2.0%               5.4%              17.7% 
   Real Estate                              -2.0%               2.5%              -0.3% 
   Utilities                                -1.0%               0.6%              12.7% 
   Materials                                -0.8%               6.4%               8.4% 
   Healthcare                               -0.2%               0.3%              12.5% 
   Energy                                   -0.2%               6.6%               5.0% 
   Consumer Staples                          0.1%               5.8%               1.3% 
   S&P 500                                  -2.1%              -0.7%              16.4% 
                                                                        Source: FactSet 

Tuesday's worst performers among the S&P 500

   Company                                         Jan. 20 price change  2026 price change  2025 price change 
   NetApp Inc.                                                    -9.4%             -12.1%              -7.7% 
   Dell Technologies Inc. Class C                                 -7.8%             -11.8%               9.2% 
   Norwegian Cruise Line Holdings Ltd.                            -7.5%              -8.7%             -13.3% 
   3M Co.                                                         -7.0%              -2.5%              24.0% 
   Lululemon Athletica Inc.                                       -6.5%              -9.2%             -45.7% 
   KKR & Co Inc.                                                  -6.5%              -3.6%             -13.8% 
   Vistra Corp.                                                   -5.9%              -2.8%              17.0% 
   Blackstone Inc.                                                -5.9%              -0.1%             -10.6% 
   Oracle Corp.                                                   -5.8%              -7.7%              17.0% 
   Trimble Inc.                                                   -5.8%             -11.2%              10.9% 
   Coinbase Global Inc.                                           -5.6%               0.7%              -8.9% 
   Broadcom Inc.                                                  -5.4%              -3.8%              49.3% 
   CDW Corp.                                                      -5.3%              -8.4%             -21.7% 
   Garmin Ltd.                                                    -5.2%              -1.0%              -1.7% 
   KLA Corp.                                                      -5.2%              22.3%              92.8% 
   Invesco Ltd.                                                   -5.2%               6.2%              50.3% 
   Fidelity National Information Services Inc.                    -5.2%              -9.6%             -17.7% 
   Synchrony Financial                                            -5.1%              -8.8%              28.4% 
   Equifax Inc.                                                   -5.1%              -4.0%             -14.9% 
   Block Inc. Class A                                             -5.0%              -3.8%             -23.4% 
                                                                                              Source: FactSet 

Click on the tickers for more about each company.

Read: Tomi Kilgore's guide to the wealth of information available for free on the MarketWatch quote page

Don't miss: This ETF from a 106-year-old firm has crushed rivals while avoiding 'Magnificent Seven' stocks

-Philip van Doorn

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January 20, 2026 17:08 ET (22:08 GMT)

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