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 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.
