Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was yet again another positive day for the U.S. broad markets, with all major exchanges hitting a new record high. Although this is only the third trading day of 2018, this raging bull market seems to be off to…
January 4, 2018: The S&P 500 closed up 0.4% at 2,723.91. The DJIA closed up 0.6% at 25,073.37. Separately, the Nasdaq was up 0.2% at 7,077.91.
Thursday was yet again another positive day for the broad U.S. markets, with all major exchanges hitting a new record high. What stands out today is that the Dow closed above the 25,000 mark for the first time ever. Crude oil pushed above $60, and continues to push even higher reaching numbers not seen since 2015. The S&P 500 sectors were practically all positive. The best performing sectors were financials and materials, up 0.9% and 0.9%, respectively. The worst performing sectors were real estate and utilities, down 1.6% and 0.8%, respectively.
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Crude oil was up 0.4% at $61.90.
Gold was up 0.4% at $1,323.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was L Brands, Inc. (NYSE: LB) which traded down about 12% at $50.97. The stock’s 52-week range is $35.00 to $64.91. Volume was just over 20 million versus the daily average of about 4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Delphi Technologies PLC (NYSE: DLPH) which rose over 4% to $56.49. The stock’s 52-week range is $38.00 to $104.09. Volume was about 1 million compared to its average volume of 2 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.
