Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for all the major U.S. exchanges. Crude backed off after an incredible star to the week. The S&P 500 sectors were split down the middle, although the negatives definitely outweighed the positives.
October 12, 2017: The S&P 500 closed down 0.18% at 2,550.67. The DJIA closed down 0.14% at 22,840.11. Separately, the Nasdaq was down 0.18% at 6,591.51.
Thursday was a down day for all the major U.S. exchanges. Crude backed off after an incredible start to the week. The S&P 500 sectors were split down the middle, although the negatives definitely outweighed the positives. The best performing sectors were real estate, utilities, and industrials which were up 0.80%, 0.53%, and 0.54%, respectively. The worst performing sectors were financial and consumer discretionary, down 0.74% and 0.66%, respectively.
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Crude oil was down 1.3% at $50.63.
Gold was up 0.5% at $1,295.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was AT&T Inc. (NYSE: T) which traded down over 6% at $35.85. The stock’s 52-week range is $35.10 to $43.03. Volume was nearly 117 million versus the daily average of 24.3 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Host Hotels & Resorts, Inc. (NYSE: HST) which rose nearly 4% to $19.40. The stock’s 52-week range is $14.69 to $20.21. Volume was 16.3 million compared to its average volume of 6.1 million.
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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
