Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a mixed day for the broad U.S. markets. The Nasdaq finally took a step back breaking its streak of closing at record highs. Crude oil is back to where it started off the week at. Close to $66.…
June 7, 2018: The S&P 500 closed flat at 2,770.23. The DJIA closed up 0.4% at 25,240.62. Separately, the Nasdaq was down 0.7% at 7,635.07.
Thursday was a mixed day for the broad U.S. markets. The Nasdaq finally took a step back breaking its streak of closing at record highs. Crude oil is back to where it started off the week, close to $66. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and utilities up 1.6% and 0.6%, respectively. The worst performing sectors were technology and materials down 1.0% and 0.6%, respectively.
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Crude oil was last seen trading up 1.9% at $65.95.
Gold was last seen trading flat at $1,301.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Seagate Technology PLC (NASDAQ: STX) which traded down about 6% at $55.23. The stock’s 52-week range is $30.60 to $62.70. Volume was about 8.5 million compared to the daily average volume of 3.9 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Apache Corp. (NYSE: APA) which rose over 5% to $41.75. The stock’s 52-week range is $33.60 to $51.21. Volume was 4.8 million compared to the daily average volume of 4.4 million.
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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
