Friday’s Biggest Winners and Losers in the S&P 500
Friday was a very positive day for the broad U.S. markets closing out a record week for all three. The Dow continues to hold above 23,000 and is almost a third of the way to 24,000. Crude oil recovered from…
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October 20, 2017: The S&P 500 closed up 0.5% at 2,575.03. The DJIA closed up 0.7% at 23,326.98. Separately, the Nasdaq was up 0.36% at 6,629.05.
Friday was a very positive day for the broad U.S. markets, closing out a record week for all three. The Dow continues to hold above 23,000 and is almost a third of the way to 24,000. Crude oil recovered from Thursday’s drop and looks to close out the week relatively flat. The S&P 500 sectors were mostly positive with a few of exceptions. The best performing sectors were financials, materials, and industrials, up 1%, 0.7%, and 1%, respectively. The worst performing sectors were consumer staples and real estate, down 0.3% and about 0.2%, respectively.
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Crude oil was up about 0.7% at $51.66.
Gold was down around 0.6% at $1,281.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Celgene Corp. (NASDAQ: CELG) which traded down about 11% at $121.22. The stock’s 52-week range is $96.93 to $147.17. Volume was over 26 million versus the daily average of nearly 4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Dover Corp. (NYSE: DOV) which rose about 6% to $94.72. The stock’s 52-week range is $65.50 to $95.18. Volume was about 3 million compared to its average volume of roughly 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.
