Friday’s Biggest Winners and Losers in the S&P 500
Friday was a down day for the broad U.S. markets with all three major indices pulling back after what seemed like a promising opening for the session. Crude oil continued its climb to close out the week, although this was…
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April 13, 2018: The S&P 500 closed down 0.3% at 2,656.31. The DJIA closed down 0.5% at 24,360.86. Separately, the Nasdaq was down 0.5% at 7,106.65.
Friday was a down day for the broad U.S. markets with all three major indices pulling back after what seemed like a promising opening for the session. Crude oil continued its climb to close out the week. Although this was a small gain crude is reaching even closer to $70. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and utilities up 1.1%, and 0.7%, respectively. The worst performing sectors were financials and consumer discretionary which were down 1.5% and 0.5%, respectively.
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Crude oil was up 0.3% at $67.28.
Gold was up 0.5% at $1,348.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Friday was The PNC Financial Services Group, Inc. (NYSE: PNC) which traded down about 4% at $145.63. The stock’s 52-week range is $115.45 to $163.59. Volume was over 4 million compared to the daily average volume of 2.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Friday was Alaska Air Group, Inc. (NYSE: ALK) which rose about 6% to $64.10. The stock’s 52-week range is $57.60 to $95.75. Volume was over 4 million compared to the daily average volume of 2.7 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.
