Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for the broad U.S. markets. Crude oil continued its progress, although the gain was only marginal. The S&P 500 sectors were mostly split down the middle.
May 17, 2018: The S&P 500 closed flat at 2,720.10. The DJIA closed down 0.2% at 24,714.05. Separately, the Nasdaq was down 0.2% at 7,382.47.
Thursday was a down day for the broad U.S. markets. Crude oil continued its progress although the dip was only marginal. The S&P 500 sectors were mostly split down the middle. The most positive sectors were energy and industrials, up 1.5% and 0.4%, respectively. The worst performing sectors were utilities and real estate down 0.8%, and 0.5%, respectively.
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Crude oil was up 0.2% at $71.60.
Gold was up 0.2% at $1,289.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was CBS Corp. (NYSE: CBS) which traded down about 4% at $51.56. The stock’s 52-week range is $47.54 to $53.90. Volume was nearly 12 million compared to the daily average volume of 3.8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Marathon Petroleum Corp. (NYSE: MPC) which rose about 5% to $80.85. The stock’s 52-week range is $49.30 to $83.27. Volume was about 9 million compared to the daily average volume of 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.
