Thursday’s Biggest Winners and Losers in the S&P 500
The U.S. broad markets took a step back on Thursday after the Dow hit a new all-time high. However, the S&P 500 and Nasdaq dropped in the meantime. Crude oil fell as well leading to Oil & Gas stocks crumbling…
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August 3, 2017: The S&P 500 closed down 0.2% at 2,472.08. The DJIA closed relatively flat at 22,024.80 but still a record close. Separately, the Nasdaq closed down 0.35% at 6,340.34.
The U.S. broad markets took a step back on Thursday after the Dow hit a new all-time high. However, the S&P 500 and Nasdaq dropped in the meantime. Crude oil fell as well leading to oil & gas stocks crumbling in Thursday’s session. Utilities and industrials were relatively positive in the session but that was about it. The rest of the S&P 500 was mixed or down on the day.
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Crude oil was last seen down 1.5% at $48.86, taking a step back.
Gold was down 0.2% at $1,269.00.
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The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Frontier Communications Corp. (NASDAQ: FTR) which traded down nearly 16% at $14.35. The stock’s 52-week range is $13.13 to $74.70. Volume was about 6.6 million versus the daily average of 2.8 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Stericycle, Inc. (NASDAQ: SRCL) which rose over 8% to $82.49. The stock’s 52-week range is $71.52 to $90.45. Volume was 2.7 million compared to its average volume of 715,853.
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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.
