Friday’s Biggest Winners and Losers in the S&P 500
Friday started out as another bad day for the broad U.S. markets, but as it went on, everything seemed to turn around but not entirely. At one point the Dow was down 400 points, however it managed to recover by…
March 2, 2018: The S&P 500 closed up 0.5% at 2,691.25. The DJIA closed down 0.3% at 24,538.13. Separately, the Nasdaq was up 1.1% at 7,257.87.
Friday started out as another bad day for the broad U.S. markets, but as it went on everything started to turn around but not entirely. At one point the Dow was down 400 points, however it managed to recover by the end of the day to just down slightly. Crude oil made a slight recovery to close out the week. The S&P 500 sectors were almost entirely positive. The most positive sectors were health care and technology up 1.2% and 1.0%, respectively. The worst performing sectors were utilities and real estate down 0.2% each.
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Crude oil was up 0.8% at $61.45.
Gold was up 1.3% at $1,321.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Foot Locker, Inc. (NYSE: FL) which traded down about 12% at $40.08. The stock’s 52-week range is $28.42 to $77.86. Volume was about 22 million compared to the daily average volume of 3.6 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Southwestern Energy Company (NYSE: SWN) which rose 20% to $4.46. The stock’s 52-week range is $3.42 to $8.94. Volume was about 52 million compared to the daily average volume of 26 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.
