Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a very mixed day for the U.S. broad markets, and depending on what you’re looking at it could have been good or bad. Crude oil was up again this week closing in on the $50 price level, and…
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July 27, 2017: The S&P 500 closed down 0.1% at 2,475.44. The DJIA closed up 0.4% at 21,797.95. Separately, the Nasdaq closed down 0.6% at 6,382.19.
Thursday was a very mixed day for the U.S. broad markets and depending on what you’re looking at, it could have been good or bad. Crude oil was up again today, closing in on the $50 price level, and oil & gas stocks responded in kind. The DJIA hit a new all-time high, but the S&P and Nasdaq crumbled a little on the day. For the most part, the financial, tech, and health care sectors were largely negative and the cause of the pullback seen in the indices. However there were a few bright spots, being retail and telecom.
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Crude oil was last seen up 0.6% at $49.02.
Gold was up 0.9% at $1,260.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was CA, Inc. (NASDAQ: CA) which traded down over 10% at $31.09. The stock’s 52-week range is $30.01 to $36.54. Volume was about 11 million versus the daily average of 3.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Automatic Data Processing, Inc. (NASDAQ: ADP) which rose 9% to $115.55. The stock’s 52-week range is $85.48 to $120.00. Volume was nearly 29 million compared to its average volume of 3.0 million.
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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.
