Friday’s Biggest Winners and Losers in the S&P 500
Friday was a flat day for the broad U.S. markets, with low volume as everyone is getting ready for the long holiday weekend. Crude oil backed off a little in the session to just below $70. The S&P 500 sectors…
August 31, 2018: The S&P 500 closed flat at 2,901.08. The DJIA closed flat at 25,958.85. Separately, the Nasdaq was up 0.3% at 8,109.54.
Friday was a flat day for the broad U.S. markets, with low volume as everyone is getting ready for the long holiday weekend. Crude oil backed off a little in the session to just below $70. The S&P 500 sectors were more or less split down the middle. The most positive sectors were real estate and consumer discretionary up 0.4% and 0.3%, respectively. The worst performing sectors were energy and utilities down 0.8% and 0.6%, respectively.
Crude oil was last seen trading down 0.5% at $69.92.
Gold was last seen trading flat at $1,205.30.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Baker Hughes a GE Company (NYSE: BHGE) which fell about 3% to $32.97. The stock’s 52-week range is $25.53 to $38.10. Volume was about 2 million compared to the daily average volume of nearly 4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Ulta Beauty, Inc. (NASDAQ: ULTA) which traded up about 7% at $260.83. The stock’s 52-week range is $187.96 to $268.88. Volume was about 5 million compared to the daily average volume of nearly 1 million.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.
