Friday’s Biggest Winners and Losers in the S&P 500
March 9, 2018 by Chris LangeMarch 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%.
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.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.