Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for the broad U.S. markets after what was an excellent recovery on Wednesday. Crude oil backed off again, counteracting most of the gains from Wednesday. The S&P 500 sectors were almost entirely negative.
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May 31, 2018: The S&P 500 closed down 0.7% at 2,705.25. The DJIA closed down 1.0% at 24,416.26. Separately, the Nasdaq was down 0.3% at 7,442.12.
Thursday was a down day for the broad U.S. markets after what was an excellent recovery on Wednesday. Crude oil backed off again, counteracting most of the gains from Wednesday. The S&P 500 sectors were almost entirely negative. The most positive sector was utilities up 0.1%. The worst performing sectors were consumer staples, industrials, and health care down 1.6%, 1.5% and 1.1% respectively.
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Crude oil was last seen trading down 1.6% at $67.11.
Gold was last seen trading flat at $1,304.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which traded down about 15% at $82.27. The stock’s 52-week range is $65.63 to $116.65. Volume was roughly 18 million compared to the daily average volume of 3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close was General Motors Co. (NYSE: GM) which rose about 13% to $42.69. The stock’s 52-week range is $33.05 to $46.76. Volume was 54.5 million compared to the daily average volume of 11.1 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.
