Friday’s Biggest Winners and Losers in the S&P 500
Friday was a very positive day for the broad U.S. markets. Over the course of the day the markets kept building momentum to an incredibly strong finish. The S&P 500 sectors were entirely positive.
March 9, 2018: The S&P 500 closed up 1.7% at 2,786.41. The DJIA closed up 1.8% at 25,334.84. Separately, the Nasdaq was up 1.8% at 7,560.81.
Friday was a very positive day for the broad U.S. markets. Over the course of the day the markets kept building momentum to an incredibly strong finish. The S&P 500 sectors were entirely positive. The most positive sectors were financials, industrials, and energy up 2.3%, 2.1%, and 1.9%, respectively. The “worst” performing sector was utilities up about 0.1%.
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Crude oil was up3.2% at $62.03.
Gold was relatively flat at $1,323.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Mattel, Inc. (NASDAQ: MAT) which traded down 7% at $14.84. The stock’s 52-week range is $12.71 to $25.97. Volume was nearly 20 million compared to the daily average volume of 6.2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Lam Research Corp. (NASDAQ: LRCX) which rose about 6% to $224.87. The stock’s 52-week range is $118.37 to $226.08. Volume was over 6 million compared to the daily average volume of 3.6 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.
