Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for the broad U.S. markets. All of the exchanges took a dip early in the session but seemingly recovered by then, although not ending on a positive note. Crude oil made another gain in the…
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May 3, 2018: The S&P 500 closed down 0.2% at 2,629.72. The DJIA closed flat at 23,930.70. Separately, the Nasdaq was down 0.2% at 7,088.15.
Thursday was a down day for the broad U.S. markets. All the exchanges took a dip early in the session but seemingly recovered by then, although not ending on a positive note. Crude oil made another gain in the session, closing in on $70. The S&P 500 sectors were mostly negative. The most positive sectors were materials, technology, and industrials up 0.4%, 0.3% and 0.2%, respectively. The worst performing sectors were health care and financials each down 0.9%.
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Crude oil was up 0.8% at $68.50.
Gold was up 0.7% at $1,314.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Cardinal Health, Inc. (NYSE: CAH) which traded down about 21% at $50.79. The stock’s 52-week range is $50.79 to $80.37. Volume was 15.1 million compared to the daily average volume of 2.8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday Vulcan Materials Co. (NYSE: VMC) which rose about 7.5% to $122.22. The stock’s 52-week range is $108.17 to $141.20. Volume was 4.5 million compared to the daily average volume of 1.5 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.
