Rally or not, these industries are in a correction

Stocks may be rallying Wednesday, but there are still plenty of industries that have lost substantial ground.

At least eight industry groups in the S&P 500 are currently in correction territory, meaning they are off 10 percent or more from their highs.

Read MoreStocks rise before Fed

Industry Name
% Off 52WK H
52Wk H Date
Companies within
S&P 500 / Internet & Catalog Retail - IND 1662.33 17.12% 5-Mar-14 NFLX TRIP PCLN AMZN EXPE
S&P 500 / Leisure Equipment & Products - IND 104.67 15.15% 30-Dec-13 HAS MAT
S&P 500 / Internet Software & Services - IND 355.25 12.99% 5-Mar-14 GOOGL GOOG YHOO FB VRSN AKAM EBAY
S&P 500 / Personal Products - IND 451.13 13.00% 21-May-13 EL AVP
S&P 500 / Construction & Engineering - IND 286.64 11.62% 22-Jan-14 FLR PWR JEC
S&P 500 / Biotechnology - IND 2843.06 10.40% 24-Feb-14 VRTX AMGN CELG GILD BIIB ALXN REGN
S&P 500 / Diversified Consumer Services - IND 62.75 10.21% 25-Feb-14 HRB GHC
S&P 500 / Automobiles - IND 115.8 10.10% 16-Dec-13 F HOG GM

Internet stocks and biotech names lead the group, along with some consumer sectors.



  • The Marriner S. Eccles Federal Reserve building in Washington.

    CNBC's Fed Survey shows market pros aren't very confident the Fed can end its easy money polices without a market crash, a recession or bad inflation.

  • Merck employees walk past a Merck sign in front of the company's building in Summit, New Jersey.

    Merck reported better-than-expected results, with sales of newer drugs offsetting declining sales of drugs facing generic competition.

  • Pfizer reported higher-than-expected second-quarter earnings, helped by growing sales of its cancer medicines.

  • An attendee is silhouetted against a Microsoft poster at the Microsoft Developers Build Conference in San Francisco, April 2, 2014.

    An agency that enforces antimonopoly laws visited company offices in four cities, as the country more closely scrutinizes multinational companies.

Contact U.S. News


    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video