Thursday’s Biggest Winners and Losers in the S&P 500
Overall the market had a relatively flat day, after having an incredible start to the week. In the past few days broad markets peaked again and hit new all-time highs. In Thursday’s session Oil & Gas stocks were hit harder than…
[cnxvideo id=”655354″ placement=”ros”]April 27, 2017: The S&P 500 closed higher on the day, up 0.06% and 1.44 points to 2,388.88. Separately the DJIA closed up 0.04% on the day at 20,982.90, up approximately 7.81 points.
Overall the market had a relatively flat day, after having an incredible start to the week. In the past few days, broad markets peaked again and hit new all-time highs. In Thursday’s session, oil & gas stocks were hit harder than the rest. There was also some weakness among airline stocks after a couple reported earnings. Investment banks and major banks also saw their shares drop in the session.
[nativounit]
The saving grace on Thursday was the tech sector and utilities that helped to stem the bleeding and force a flat day. Also, there were a few big winners in the healthcare and services sectors that helped pull markets up as well.
Crude oil was negative on Wednesday and last trading down about 0.8% at $49.23.
Gold was only slightly higher on the day up 0.1% closing at $1265.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was F5 Networks, Inc. (NASDAQ: FFIV) which traded down nearly 8% at $126.79. The stock’s 52-week range is $99.29 to $149.50. Volume was 3.6 million versus the daily average of 737,000 shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Intuit Inc. (NASDAQ: INTU) which jumped about 8.5% to $125.62. The stock’s 52-week range is $99.20 to $128.45. Volume was roughly 4.6 million which is above the daily average of around 1.8 million shares.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
