HCN Stock Index surges Tuesday
On a day when the Dow Jones Industrial Average gained a whopping 889 points, the HCN Stock Index on Tuesday surged 8 percent to finish at 678.30 points.
Eighteen of the 20 stocks on the HCN index showed growth, led by retail giants Sears Holdings, up 17.8 percent; Lowe’s up 16.5 percent; and Home Depot, up 14.1 percent. Other double-digit percentage gainers were Fastenal, up 13.6 percent; Louisiana Pacific, up 11.9 percent; and Tractor Supply, up 11.5 percent.
The two decliners on the index were USG Corp., down 15.9 percent, and BMHC, down 22.2 percent.