Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a relatively positive day for the broad U.S. markets. All of the major averages started off the day in the red but the S&P 500 and Nasdaq quickly turned it around, while the Dow seemed to struggle throughout…
August 2, 2018: The S&P 500 closed up 0.6% at 2,827.33. The DJIA closed flat at 25,327.17. Separately, the Nasdaq was up 1.2% at 7,802.69.
Thursday was a relatively positive day for the broad U.S. markets. All of the major averages started off the day in the red but the S&P 500 and Nasdaq quickly turned it around, while the Dow seemed to struggle throughout the session. Crude oil turned it around on Thursday but still doesn’t seem like its going in any particular direction. The S&P 500 sectors were mostly positive. The most positive sectors were technology and consumer staples up 1.2% and 1.1%, respectively. The worst performing sectors were materials and real estate down 0.7% and 0.6%, respectively.
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Crude oil was last seen trading up 2% at $69.00.
Gold was last seen trading down 0.8% at $1,217.30.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was TripAdvisor, Inc. (NASDAQ: TRIP) which fell about 12% to $50.40. The stock’s 52-week range is $29.50 to $62.36. Volume was over 10 million compared to the daily average volume of 2.7 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was CF Industries Holdings, Inc. (NYSE: CF) which traded up about 12% at $49.34. The stock’s 52-week range is $27.77 to $49.35. Volume was about 7 million compared to the daily average volume of 2.6 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.
