Friday’s Biggest Winners and Losers in the S&P 500
Friday was a positive day for the broad U.S. markets. Although the Nasdaq was relatively flat both the Dow and S&P 500 recovered handily from Thursday. Crude oil was perhaps the biggest winner in this session, jumping over 5% back…
June 22, 2018: The S&P 500 closed up 0.2% at 2,754.84. The DJIA closed up 0.5% at 24,580.61. Separately, the Nasdaq was down 0.3% at 7,692.82.
Friday was a positive day for the broad U.S. markets. Although the Nasdaq was down, both the Dow and S&P 500 recovered handily from Thursday. Crude oil was perhaps the biggest winner in this session, jumping over 5% back up to nearly $70. The S&P 500 sectors were mostly positive. The most positive sectors were energy and materials, up 2.2% and 1.6%, respectively. The worst performing sectors were financials and technology, down 0.3% and 0.1%, respectively.
Crude oil was last seen trading up 5.5% at $69.16.
Gold was last seen trading flat at $1,271.80.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Red Hat, Inc. (NYSE: RHT) which fell over 14% to $141.35. The stock’s 52-week range is $94.47 to $177.70. Volume was about 14 million compared to the daily average volume of 1.8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close CarMax, Inc. (NYSE: KMX) which traded up about 13% at $80.19. The stock’s 52-week range is $57.05 to $81.67. Volume was nearly 12 million compared to the daily average volume of 1.8 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.
