Value of Greenfield-based Pharmaceuticals and Biotechnology company Elanco Animal Health Inc. (ELAN:NYQ) fell 1.2% on Dec. 8, 2022

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The value in Pharmaceuticals and Biotechnology stocks fell 5.2 percent on Dec. 8, 2022 from the previous day.

The strongest performing Pharmaceuticals and Biotechnology company in Indiana was Elanco Animal Health Inc. (ELAN:NYQ), dropping 1.2 percent to sell at $12.55.

Eli Lilly and Co. (LLY:NYQ) fared the worst among Indiana companies, suffering a 52.6 percent drop to $371.79.

Among Greenfield companies, Elanco Animal Health Inc. (ELAN:NYQ) saw the biggest fall in value of 1.2 percent on Dec. 8, 2022.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Automobiles and Parts was the worst-performing industry.

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 industries on Dec. 8, 2022

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco2,453%580.2%-
Household Goods and Home Construction554.7%37,053,290.5%-97.8%
Precious Metals and Mining324.5%86,028,718.4%-99.4%
Industrial Metals and Mining39.1%122,309.6%-70.7%
Aerospace and Defense25.1%27,737,165.4%-89.1%
Industrial Transportation20.7%13,614,267.2%-100%
Media17.3%133,364,520.9%-99.9%
Industrial Support Services10.8%6,316,905.7%-100%
Industrial Engineering10.7%222,457,527.1%-99.9%
Mortgage Real Estate Investment Trusts9.6%12,493,784.5%-54.3%
Industrial Materials8.5%2,454.4%-100%
Food Producers8%321,169,400.4%-100%
Telecommunications Equipment3.5%44,127.9%-96.2%
Software and Computer Services3.1%42,748,791.5%-100%
Consumer Services2.1%170,995,115.3%-57.9%
Electronic and Electrical Equipment2%136,315,811.7%-100%
Personal Goods1.8%373,309,362.9%-100%
Alternative Energy1.3%1,344,740.1%-99.9%
Chemicals1.1%28,188,522.9%-97.7%
Technology Hardware and Equipment1%30,349,076.5%-100%
Construction and Materials0.7%618,690.8%-100%
Open End and Miscellaneous Investment Vehicles0.5%950,348.8%-100%
Closed End Investments0.3%95,270,120.8%-100%
Life Insurance-1.1%8,398.1%-100%
Real Estate Investment Trusts-2.6%19,428,614.7%-100%
Gas, Water and Multi-utilities-2.7%1,537.6%-100%
Retailers-3.1%145,596,607.8%-100%
Travel and Leisure-3.3%49,704,889.4%-100%
Telecommunications Service Providers-3.8%0.9%-98.9%
Finance and Credit Services-3.8%12,004,368.5%-100%
Electricity-4.6%20,918,788.9%-40.6%
Pharmaceuticals and Biotechnology-5.2%62,336,073.5%-100%
Real Estate Investment and Services-5.8%11,541,179.2%-90.9%
General Industrials-6.2%11,866.8%-92.8%
Personal Care, Drug and Grocery Stores-6.3%1,303,598%-94.8%
Non-life Insurance-6.6%21,336,841.8%-98.4%
Health Care Providers-6.7%8,086,141.7%-100%
Leisure Goods-7.1%334,481.9%-87.4%
Oil, Gas and Coal-8.7%235,494,074.1%-100%
Beverages-10.4%39.9%-69.3%
Waste and Disposal Services-10.7%114.1%-53.2%
Medical Equipment and Services-11.3%8,751,975.5%-82.2%
Investment Banking and Brokerage Services-11.9%29,740,913.1%-100%
Banks-12%4,589,420.1%-97.5%
Automobiles and Parts-13.6%6,183%-99.5%

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