Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a very positive day for the broad U.S. markets, with all three major indexes positing a solid gain on the day. Crude oil made a small recovery from a disastrous Wednesday. The S&P 500 sectors were all positive.
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August 16, 2018: The S&P 500 closed up 0.8% at 2,840.75. The DJIA closed up 1.6% at 25,558.87. Separately, the Nasdaq was up 0.4% at 7,806.52.
Thursday was a very positive day for the broad U.S. markets, with all three major indexes positing a solid gain on the day. Crude oil made a small recovery from a disastrous Wednesday. The S&P 500 sectors were all positive. The most positive sectors were consumer staples, financials and industrials up 1.4%, 1.3%, and 1.2%, respectively. The “worst” performing sector was technology up only 0.4%.
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Crude oil was last seen trading up 0.7% at $65.46.
Gold was last seen trading down 0.4% at $1,180.70.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Chipotle Mexican Grill, Inc. (NYSE: CMG) which fell about 4% to $502.07. The stock’s 52-week range is $247.52 to $530.68. Volume was about 2 million compared to the daily average volume of less than 1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Walmart Inc. (NYSE: WMT) which traded up about 9% at $98.84. The stock’s 52-week range is $77.50 to $109.98. Volume was about 41 million compared to the daily average volume of 7.7 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.