Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for the broad U.S. markets, continuing what has been a horrible week for the Nasdaq. Crude oil backed off again to fall further below $70. The S&P 500 sectors were more or less split down…
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September 6, 2018: The S&P 500 closed down 0.4% at 2,878.11. The DJIA closed flat at 25,995.94. Separately, the Nasdaq was down 0.9% at 7,922.73.
Thursday was a down day for the broad U.S. markets, continuing what has been a horrible week for the Nasdaq. Crude oil backed off again to fall further below $70. The S&P 500 sectors were more or less split down the middle. The most positive sectors were utilities and industrials up 0.6% and 0.4%, respectively. The worst performing sectors were energy and technology down 1.7% and 0.7%, respectively.
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Crude oil was last seen trading down 1.1% at $67.98.
Gold was last seen trading up 0.3% at $1,204.50.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was KLA-Tencor Corp. (NASDAQ: KLAC) which fell about 10% to $106.52. The stock’s 52-week range is $93.76 to $123.96. Volume was about 3.5 million compared to the daily average volume of 1.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Fossil Group, Inc. (NASDAQ: FOSL) which traded up over 4% at $23.19. The stock’s 52-week range is $5.50 to $32.17. Volume was 1.7 million compared to the daily average volume of 1.8 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.