Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a strong day for the U.S. markets with all major exchanges hitting record all-time highs. Crude oil finally fought back and pushed back over $50, but it still could close out the week with a loss.
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October 5, 2017: The S&P 500 closed up 0.6% at 2,552.10. The DJIA closed up 0.5% at 22,775.80. Separately, the Nasdaq was up 0.8% at 6,585.36.
Thursday was another strong day for the U.S. markets with all major exchanges hitting record all-time highs. Crude oil finally fought back and pushed back over $50, but it still could close out the week with a loss. Practically all of the S&P 500 sectors were positive, with the exception of utilities which was down marginally 0.1%. The top performing sectors were finance and technology, up 1.1% and 0.9%, respectively.
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Crude oil was up 1.5% at $50.72.
Gold was down 0.4% at $1,271.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Celgene Corp. (NASDAQ: CELG) which traded down 4.4% at $140.01. The stock’s 52-week range is $96.93 to $147.17. Volume was 13.1 million versus the daily average of 3.4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Netflix, Inc. (NASDAQ: NFLX) which rose 5.4% to $194.39. The stock’s 52-week range is $97.63 to $194.33. Volume was 19.3 million compared to its average volume of 6.9 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.
