Daily #110 stock chart answers — October 22, 2026

In early 2010 the company was still called FPL Group and the market was dumping boring utilities to chase the post-crash cyclical rebound, sceptical that a regulated Florida power company had any business pouring billions into wind farms. The slide found a floor here just weeks before the firm changed its name to NextEra Energy and began a +962.4% run as America's renewables giant.

Bad bets on subprime mortgage insurance had just forced Washington to rescue AIG in the wake of the Lehman Brothers collapse, making the insurer the centrepiece of the 2008 financial crisis. The government lifeline was built to save the wider banking system rather than existing shareholders, leaving the stock to keep bleeding through the autumn panic.

Stubborn bond yields through the winter kept pressure on dividend-paying utilities, even as surging power demand from Virginia's data centres gave Dominion Energy a rare growth story for a grid operator. Buyers finally stepped back in as the rate panic cooled.

Stocking the pantry during lockdowns had made packaged food an unlikely winner in 2020, right up until November's vaccine news sent money rushing back into the reopening trade. General Mills found its footing for the week, even as investors began betting that the boom in cooking at home had already peaked.

With the Greek debt crisis and the May flash crash rattling Wall Street, investors had been parking cash in regulated utilities like New York's power network for safety. Even the quietest dividend shelter in the index gave back ground when the broader spring sell-off finally caught up with it.