Thursday’s Biggest Winners and Losers in the S&P 500
Thursday started out as a down day for the broad U.S. markets and only got worse from there. The S&P 500 and Nasdaq pulled back even further from their highs. Crude oil more or less traded sideways in the session.…
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June 21, 2018: The S&P 500 closed down 0.6% at 2,749.73. The DJIA closed down 0.8% at 24,461.84. Separately, the Nasdaq was down 0.9% at 7,712.95.
Thursday started out as a down day for the broad U.S. markets and only got worse from there. The S&P 500 and Nasdaq indexes pulled back even further from their highs. Crude oil more or less traded sideways in the session. The S&P 500 sectors were mostly negative. The most positive sectors were real estate and utilities, up 0.6% and 0.3%, respectively. The worst performing sectors were energy and industrials, down 1.9% and 1.2%, respectively.
Crude oil was last seen trading flat at $65.76.
Gold was last seen trading down 0.4% at $1,269.80.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Frontier Communications Corp. (NASDAQ: FTR) which fell about 8% to $6.70. The stock’s 52-week range is $6.08 to $18.60. Volume was 8.1 million compared to the daily average volume of 3.2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close Darden Restaurants, Inc. (NYSE: DRI) which traded up nearly 15% at $107.06. The stock’s 52-week range is $76.27 to $107.72. Volume was 7.7 million compared to the daily average volume of 1.6 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.
