Thursday’s Biggest Winners and Losers in the S&P 500
April 6, 2017: The S&P 500 closed higher on the day, up 0.20% and 4.53 points to 2,357.58. Separately the DJIA closed up 0.08% on the day at 20,664.04, up approximately 15.89 points.
[cnxvideo id=”655384″ placement=”ros”]April 6, 2017: The S&P 500 closed higher on the day, up 0.20% and 4.53 points to 2,357.58. Separately the DJIA closed up 0.08% on the day at 20,664.04, up approximately 15.89 points.
Looking at the sectors, oil & gas stocks had a positive day as the price of crude rose. Financial stocks bounced back from Wednesday as well as textiles. Also department stores and retail, in general, saw an uptick on Thursday. Very few industries were negative on the day, notable exceptions were major telecom stocks and cigarette stocks.
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Crude oil turned itself around from Wednesday. Crude was last trading up around 1% at $51.68 in Thursday’s session.
Gold was also higher on the day up about 0.5% or $6.10 on the day, closing at $1,251.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was AT&T Inc. (NYSE: T) which traded down 2.2% at $40.61. The stock’s 52-week range is $36.10 to $43.89. Volume was roughly 16.8 million versus the daily average of 19.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which jumped about 11% to $47.85. The stock’s 52-week range is $43.04 to $87.16. Volume was 13.9 million which is above the daily average of around 4.2 million shares.
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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
