Friday’s Biggest Winners and Losers in the S&P 500
Friday was a fairly positive day for the broad U.S. markets. The Dow continued its recovery from the big drop on Wednesday. The S&P 500 and Nasdaq also moved higher on the day if only slightly. The S&P 500 sectors…
March 16, 2018: The S&P 500 closed up 0.2% at 2,751.38. The DJIA closed up 0.3% at 24,937.55. Separately, the Nasdaq was relatively flat at 7,481.99.
Friday was a fairly positive day for the broad U.S. markets. The Dow continued its recovery from the big drop on Wednesday. The S&P 500 and Nasdaq also moved higher on the day if only slightly. The S&P 500 sectors were almost entirely positive. The most positive sectors were utilities, energy, and industrials up 0.9%, 0.9%, and 0.5%, respectively. The worst performing sectors were consumer discretionary and technology both down 0.1%.
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Crude oil was up 1.8% at $62.29.
Gold was down 0.4% at $1,312.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was Tiffany & Co. (NYSE: TIF) which traded down 5% at $97.51. The stock’s 52-week range is $84.15 to $111.44. Volume was 7.8 million compared to the daily average volume of 1.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Ulta Beauty, Inc. (NASDAQ: ULTA) which rose over 7% to $221.88. The stock’s 52-week range is $187.96 to $314.86. Volume was 5.7 million compared to the daily average volume of 1.2 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.
