Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for the broad U.S. markets, cutting off the streak of all-time highs that the S&P 500 and Nasdaq were hitting. Crude oil gained momentum ultimately ending the session on a positive note. The S&P 500…
August 30, 2018: The S&P 500 closed down 0.4% at 2,901.15. The DJIA closed down 0.5% at 25,987.13. Separately, the Nasdaq was also down 0.3% at 8,088.36.
Thursday was a down day for the broad U.S. markets, cutting off the streak of all-time highs that the S&P 500 and Nasdaq were hitting. Crude oil gained momentum ultimately ending the session on a positive note. The S&P 500 sectors were practically all negative. The most positive sector was utilities up 0.1%. The worst performing sectors were materials, industrials, and financials down 1.2%, 0.8%, and 0.7%, respectively.
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Crude oil was last seen trading up 0.9% at $70.16.
Gold was last seen trading down 0.4% at $1,206.40.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which fell about 15% to $80.11. The stock’s 52-week range is $78.32 to $116.65. Volume was 25.4 million compared to the daily average volume of 3.2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was H&R Block, Inc. (NYSE: HRB) which traded up about 4% at $27.40. The stock’s 52-week range is $22.45 to $29.81. Volume was 4 million compared to the daily average volume of 3.3 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.