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…
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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.
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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.
