Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a solid day for the broad U.S. markets, with each index posting a gain of at least 1.3%. What stands out about Thursday is that momentum slowly built over the course of the day as opposed to within…
March 29, 2018: The S&P 500 closed up 1.4% at 2,641.89. The DJIA closed up 1.3% at 24,160.05. Separately, the Nasdaq was up 1.6% at 7,063.44.
Thursday was a solid day for the broad U.S. markets, with each index posting a gain of at least 1.3%. What stands out about Thursday is that momentum slowly built over the course of the day as opposed to within just the last hour of trading. Crude oil also posted a handy recovery from Wednesday. The S&P 500 sectors were almost entirely positive. The most positive sectors were energy, technology, and materials up 2.1%, 2.0%, and 1.9%, respectively. The “worst” performing sector was real estate which was just flat on the day.
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Crude oil was up 0.8% at $64.90.
Gold was relatively flat at $1,328.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Walgreens Boots Alliance, Inc. (NASDAQ: WBA) which traded down about 3% at $65.47. The stock’s 52-week range is $63.82 to $89.69. Volume was 8 million compared to the daily average volume of 5.8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Centene Corp. (NYSE: CNC) which rose over 6% to $106.83. The stock’s 52-week range is $69.20 to $112.42. Volume was 1.8 million compared to the daily average volume of 1.4 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.
