Friday’s Biggest Winners and Losers in the S&P 500
Friday was a down day for the broad U.S. markets, with all three major averages posting losses. Crude oil took a small step forward, but ultimately ended the week down. The S&P 500 sectors were almost entirely negative.
August 10, 2018: The S&P 500 closed down 0.7% at 2,833.21. The DJIA closed down 0.8% at 25,312.94. Separately, the Nasdaq was down 0.7% at 7,839.11.
Friday was a down day for the broad U.S. markets, with all three major averages posting losses. Crude oil took a small step forward, but ultimately ended the week down. The S&P 500 sectors were almost entirely negative. The most positive sector was energy up 0.4%. The worst performing sectors were materials and financials down 1.5% and 1.1%, respectively.
[nativounit]
Crude oil was last seen trading up 1.2% at $67.64.
Gold was last seen trading flat at $1,218.90.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was News Corp. (NASDAQ: NWSA) which fell about 15% to $13.01. The stock’s 52-week range is $12.84 to $17.29. Volume was about 5.8 million compared to the daily average volume of 1.8 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Alcoa Corp. (NYSE: AA) which traded up about 5% at $45.01. The stock’s 52-week range is $36.93 to $62.35. Volume was about 6.8 million compared to the daily average volume of 3.5 million.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.