Friday’s Biggest Winners and Losers in the S&P 500
Friday was a relatively flat day for the U.S. broad markets to close out a down week. Crude oil started off flat but pushed lower as the day went on. The S&P 500 sectors were more or less split down…
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November 10, 2017: The S&P 500 closed down 0.09% at 2,582.38. The DJIA closed down 0.16% at 23,423.41. Separately, the Nasdaq was relatively flat at 6,750.94.
Friday was a relatively flat day for the broad U.S. markets to close out a down week. Crude oil started off flat but pushed lower as the day went on. The S&P 500 sectors were more or less split down the middle, but the negatives outweighed the positives. The best performing sectors were consumer staples and consumer discretionary, up 1.1% and 0.4%, respectively. The worst performing sectors were health care, energy, and utilities down 0.7%, 0.6%, and 0.4%, respectively.
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Crude oil was down 0.6% at $56.84.
Gold was down 0.9% at $1,276.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Frontier Communications Corp. (NASDAQ: FTR) which traded down about 15% at $6.76. The stock’s 52-week range is $6.72 to $57.30. Volume was nearly 8 million versus the daily average of 2.9 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was News Corp. (NASDAQ: NWSA) which rose 5.5% to $15.15. The stock’s 52-week range is $11.42 to $15.79. Volume was about 5 million compared to its average volume of 1.7 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.
