Thursday’s Biggest Winners and Losers in the S&P 500
Thursday started out as another down day for the broad U.S. markets but ultimately ended positive. Crude oil again pushed much higher in the session, for its third consecutive day. The S&P 500 sectors were mostly positive.
June 28, 2018: The S&P 500 closed up 0.6% at 2,716.44. The DJIA closed up 0.4% at 24,217.85. Separately, the Nasdaq was up 0.8% at 7,503.68.
Thursday started out as another down day for the broad U.S. markets but ultimately ended positively. Crude oil again pushed much higher in the session, for its third consecutive day. The S&P 500 sectors were mostly positive. The most positive sectors were technology and real estate, up 1.2% and 1.0%, respectively. The worst performing sectors were energy and utilities, down 0.2% and 0.1%, respectively.
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Crude oil was last seen trading up 0.7% at $73.24.
Gold was last seen trading down 0.7% at $1,248.90.
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 12% to $5.25. The stock’s 52-week range is $5.25 to $18.30. Volume was about 10 million compared to the daily average volume of 3.5 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was McCormick & Co., Inc. (NYSE: MKC) which traded up about 8% at $114.61. The stock’s 52-week range is $90.25 to $117.82. Volume was about 4 million compared to the daily average volume of 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.