Friday’s Biggest Winners and Losers in the S&P 500
Friday was an incredible day for the markets, specifically the tech sector. The Nasdaq notched an all-time high and huge gain on the day following the earnings results of Alphabet, Amazon, and Microsoft. Crude oil started out flat but exploded…
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October 27, 2017: The S&P 500 closed up 0.81% at 2,581.06. The DJIA closed up 0.14% at 23,433.19. Separately, the Nasdaq was massively up 2.2% at 6,701.26.
Friday was an incredible day for the markets, specifically the tech sector. The Nasdaq notched an all-time high and huge gain on the day following the earnings results of Alphabet, Amazon, and Microsoft. Crude oil started out flat but exploded in the afternoon. The S&P 500 sectors were split down the middle but two sectors more than offset everything. The best performing sectors were tech and consumer discretionary, up 2.66% and 1.61%, respectively. The worst performing sectors were consumer staples and materials, down 0.86%, and 0.54%, respectively.
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Crude oil was up 2.5% at $53.95.
Gold was up 0.3% at $1,273.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Expedia, Inc. (NASDAQ: EXPE) which traded down about 16% at $123.79. The stock’s 52-week range is $111.88 to $161.00. Volume was about 20 million versus the daily average 2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was First Solar, Inc. (NASDAQ: FSLR) which rose over 20% to $57.67. The stock’s 52-week range is $25.56 to $58.97. Volume was nearly 16 million compared to its average volume of 2 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.
