Tech and cruise line stocks have been among the worst performers in the first half of the year, while energy, healthcare and consumer companies have all seen their shares rise.

US-ECONOMY-NYSE-markets-market

The decliners in the first half of the year include tech stocks.

Johannes Eisele/AFP via Getty Images

The S&P 500 index fell into bear market territory earlier this month, as nearly 400 of the index's stocks are negative so far in the year.

The worst-performing stock this year is streaming giantNetflix, which has plunged more than 70%.

With the Federal Reserve scrambling to raise interest rates in a bid to combat high inflation, tech stocks have been particularly hard hit.

Weak demand and higher costs have led to turmoil for the cruise lines.

Ford and General GM have seen their shares fall by 45% and 46%, respectively, so far this year.

Though the market selloff has spared few areas of the market, several stocks have still been performing well.

Thanks to the surge in oil and gas prices this year, the majority of the S&P 500's top performing stocks are energy companies. The price of oil peaked at a 14-year high of $139 per barrel in March and has remained above $100 per barrel ever since. By far and away the best-performing stock in the S&P 500 is Occidental Petroleum, a favorite of billionaire investor Warren Buffet, who has been adding shares recently. Other energy companies have seen their share prices go up as well.

Tangent:

The healthcare sector was the best performing sector outside of the energy sector, with the likes of Vertex Pharmaceuticals and Bristol-Myers Squibb rising by 27% and 23%, respectively. Dollar Tree, which has risen nearly 10% so far this year, is one of the consumer staple companies that has performed better than others. Other notable gainers include the beer maker, the video game maker, and the healthcare provider. As the U.S. ramps up military aid to Ukraine amid Russia's ongoing invasion, several defense companies have increased in price.

What To Watch For:

Since falling into a bear market on June 13, stocks have struggled for direction, but experts say it isn't all doom and gloom. Sam Stovall, chief investment strategist for CFRA Research, said that the stock market took 161 days from its peak to a 20% decline threshold. He says that the good news for stocks is that a quick descent into a bear market often signals more weakness ahead.

The bear market could recover faster than the stock market.

Morgan Stanley is worried about potential stock wipeout.

Consumer confidence is hitting a new low and the recession fears are still going strong.

Powell says that there is compelling evidence that inflation is slowing.