Friday’s Biggest Winners and Losers in the S&P 500
Friday was a relatively flat day for the U.S. markets with all major exchanges pulling back, if only marginally, from their record all-time highs. Crude fell again and posted its first weekly loss in about a month.
October 6, 2017: The S&P 500 closed down 0.11% at 2,549.26. The DJIA closed flat at 22,773.36. Separately, the Nasdaq was up 0.07% at 6,590.18.
Friday was a relatively flat day for the U.S. markets with all major exchanges pulling back, if only marginally, from their record all-time highs. Crude fell again and posted its first weekly loss in about a month. Practically all of the S&P 500 sectors were negative, with the exception of technology, consumer discretionary, and financials which were up 0.17%, 0.12%, and 0.08%, respectively. The worst performing sectors were consumer staples and energy, down 0.96% and 0.87%, respectively.
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Crude oil was down 2.8% at $49.36.
Gold was up 0.3% at $1,276.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Costco Wholesale Corp. (NASDAQ: COST) which traded down about 6% at $157.09. The stock’s 52-week range is $142.11 to $183.18. Volume was 18.0 million versus the daily average of 3.5 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Motorola Solutions, Inc. (NYSE: MSI) which rose 4% to $89.43. The stock’s 52-week range is $71.24 to $93.75. Volume was 2.1 million compared to its average volume of nearly 1 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.
