Friday’s Biggest Winners and Losers in the S&P 500
October 20, 2017 by Chris LangeOctober 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.
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.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.