Thursday’s Biggest Winners and Losers in the S&P 500
May 11, 2017: The S&P 500 closed lower 0.2% on the day at 2,394.47. Separately the DJIA closed lower 0.1% at 20,919.76. The Nasdaq was also lower 0.2% closing at 6,115.96.
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[cnxvideo id=”655422″ placement=”ros”]May 11, 2017: The S&P 500 closed 0.2% lower on the day at 2,394.47. Separately the DJIA closed lower, down 0.1% at 20,919.76. The Nasdaq was also closed down 0.2% at 6,115.96.
Thursday was a down day for the markets, with the tech and financial sectors dragging the markets down. The only real bright spots in the market were the entertainment industry and a few select drug stocks. Although financials and tech stocks were largely negative, retail stocks as a whole put a big dent in the market after Macy’s missed earnings.
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Crude oil made another great gain on Thursday up 0.9% at $47.77.
Gold was also higher up about 0.5% closing at $1,224.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Macy’s, Inc. (NYSE: M) which traded down 17% at $24.35. The stock’s 52-week range is $24.25 to $45.41. Volume was 46.2 million versus the daily average of 6.4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was NVIDIA Corp. (NASDAQ: NVDA) which jumped about 4% to $126.50. The stock’s 52-week range is $34.93 to $130.43. Volume was 47.4 million which is above the daily average 43.9 million shares.
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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.
