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 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.
