Top and bottom-performing Club stocks in the third quarter, limited to 13 words.

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September proved to be a challenging month for Wall Street, as stocks experienced losses for the third quarter. Rising Treasury yields and oil prices, along with concerns about the Federal Reserve’s interest rate policies, weighed on the market. Despite the overall decline, there were some standout performers in the quarter. Eli Lilly led the way, with its stock rising 14.53% over the past three months. Caterpillar, Pioneer Natural Resources, and Alphabet also had strong quarters, benefiting from positive earnings reports and market optimism.

On the other hand, Foot Locker, Estee Lauder, and Ford struggled during the third quarter. Foot Locker was the worst-performing stock in the Club portfolio, falling 36%. The company’s turnaround strategy failed to impress investors, leading to significant declines in its stock. Estee Lauder faced challenges in its key Asian travel retail segment, causing its shares to steadily decline throughout the quarter. Ford experienced a drop in its stock price amid concerns about a possible United Auto Workers strike. Despite the challenges, Ford shares actually rose 2.4% in the month of September.

Overall, the winners and losers in the third quarter reflect the diverse range of market sectors, with healthcare, energy, and industrials all represented among the top performers. While the broader market faced difficulties, companies with strong fundamentals and positive earnings reports were able to stand out. Looking ahead, investors will navigate ongoing economic uncertainties and potentially volatile market conditions as they enter the fourth quarter.

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