Winners and Losers in Tuesday's Sell Off

Hickey and Walters (Bespoke) submit: With U.S. equity markets declining nearly 1% from their 12:42 high to the close on Tuesday, we took a look at which S&P 100 stocks led the retreat and which held up the best. Limited Brands (LTD) led the afternoon declines after lowering guidance and announcing the sale of its Express stores unit. Along with LTD in the bottom ten were three brokerage stocks -- MS, MER and LEH.

Only 9 of the 100 stocks in the OEX were up from 12:42 to the close. That group consisted of a number of consumer related stocks, and Verizon (VZ) led the index with a gain of 54 bps.

We'll check back after the close today to see whether the winners continued to show positive momentum through the following trading day, and if the losers continued to decline. It's useful to analyze these types of scenarios in order to be prepared for next time.

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