Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day on Wall Street. After what was an incredible Wednesday, markets took a step back. A potential government shutdown could be contributing to this decline but a shutdown would only be temporary, so the bulls might…
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January 18, 2018: The S&P 500 closed down 0.2% at 2,798.16. The DJIA closed down 0.4% at 26,020.43. Separately, the Nasdaq was relatively flat at 7,296.05.
Thursday was a down day on Wall Street. After what was an incredible Wednesday, markets took a step back. A potential government shutdown could be contributing to this decline but a shutdown would only be temporary, so the bulls might not have much to worry about. Crude oil took a small step back on Thursday. The S&P 500 sectors were practically all negative. The best performing sector was technology up 0.2%. The worst performing sectors were real estate, energy, and utilities, down 1.1%, 0.8%, and 0.7%, respectively.
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Crude oil was down 0.2% at $63.86.
Gold was down 1% at $1,326.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Albermarle Corp. (NYSE: ALB) which traded down roughly 7% at $118.01. The stock’s 52-week range is $90.35 to $144.99. Volume was over 8 million, compared with the daily average of 1.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was The AES Corp. (NYSE: AES) which rose over 7% to $11.53. The stock’s 52-week range is $10.00 to $12.05. Volume was over 28 million compared to its average volume of 6.5 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.
