Friday’s Biggest Winners and Losers in the S&P 500
Friday was a down day for the broad U.S. markets, although all of the major averages started out the day on a positive note. Crude oil took a big step backward in the session. The S&P 500 sectors were mostly…
July 27, 2018: The S&P 500 closed down 0.7% at 2,818.92. The DJIA closed down 0.3% at 25,441.94. Separately, the Nasdaq was down 1.5% at 7,737.42.
Friday was a down day for the broad U.S. markets, although all of the major averages started out the day on a positive note. Crude oil took a big step backward in the session. The S&P 500 sectors were mostly negative. The most positive sectors were financials and consumer staples up 0.3% and 0.1%, respectively. The worst performing sectors were technology and real estate down 1.7% and 0.8%, respectively.
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Crude oil was last seen trading down 1.2% at $68.81.
Gold was last seen trading down 0.3% at $1,222.50.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Intel Corp. (NASDAQ: INTC) which fell nearly 9% to $47.61. The stock’s 52-week range is $33.23 to $57.60. Volume was just about 67 million compared to the daily average volume of 28 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was National Oilwell Varco, Inc. (NYSE: NOV) which traded up about 10% at $46.81. The stock’s 52-week range is $29.90 to $46.91. Volume was 8 million compared to the daily average volume of 2.7 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.
