Friday’s Biggest Winners and Losers in the S&P 500
Friday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs. Crude oil posted another gain in the session. The S&P 500 sectors were practically all positive.
August 24, 2018: The S&P 500 closed up 0.6% at 2,874.78. The DJIA closed up 0.5% at 25,790.91. Separately, the Nasdaq was up 0.9% at 7,945.98.
Friday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs. Crude oil posted another gain in the session. The S&P 500 sectors were practically all positive. The most positive sectors were materials and technology up 1.3% and 1.0%, respectively. The worst performing sector was consumer staples which was flat.
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Crude oil was last seen trading up 1.1% at $68.56.
Gold was last seen trading up 1.5% at $1,211.50.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Foot Locker, Inc. (NYSE: FL) which fell about 9% to $48.30. The stock’s 52-week range is $28.42 to $59.40. Volume was about 18 million compared to the daily average volume of 3.3 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Autodesk, Inc. (NASDAQ: ADSK) which traded up about 15% at $156.69. The stock’s 52-week range is $101.55 to $157.78. Volume was about 8 million compared to the daily average volume of 1.9 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.