Friday’s Biggest Winners and Losers in the S&P 500
Thursday was a flat day for the broad U.S. markets, although each one of the major averages was fairly positive at one point in the day. Crude oil made another solid gain in the session putting it back above $70.…
July 20, 2018: The S&P 500 closed flat at 2,801.92. The DJIA closed flat at 25,057.92. Separately, the Nasdaq was flat at 7,820.20.
Thursday was a flat day for the broad U.S. markets, although each one of the major averages was fairly positive at one point in the day. Crude oil made another solid gain in the session putting it back above $70. The S&P 500 sectors were mostly negative. The most positive sectors were consumer staples and financials up 0.6% and 0.3%, respectively. The worst performing sectors were real estate and utilities down 0.8% and 0.6%, respectively.
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Crude oil was last seen trading up 1.2% at $70.31.
Gold was last seen trading up 0.5% at $1,229.60.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was State Street Corp. (NYSE: STT) which fell more than 7% to $86.13. The stock’s 52-week range is $84.56 to $114.27. Volume was about 10 million compared to the daily average volume of 1.6 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Cintas Corp. (NASDAQ: CTAS) which traded up 5% at $203.55. The stock’s 52-week range is $130.09 to $204.27. Volume was 1.2 million compared to the daily average volume of less than half a 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.