Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a bad day for the broad U.S. markets. The Dow and the S&P 500 each dropped over 1.5% in the session, while the Nasdaq got away down less than 1%. Crude oil posted another significant drop pulling back…
October 11, 2018: The S&P 500 closed down 2.1% at 2,728.35. The DJIA closed down 2.1% at 25,052.16. Separately, the Nasdaq closed down 1.3% at 7,329.06.
Thursday was another bad day for the broad U.S. markets. The Dow and the S&P 500 each dropped over 2% in the session, while the Nasdaq got away with a loss of about 1%. Crude oil posted another significant drop pulling back from $75 earlier this week to closer to $70 now. The S&P 500 sectors were entirely negative. The most “positive” sector was materials down 1.2%. The worst performing sectors were energy, real estate, and finance down 3.4%, 2.9% and 2.9%, respectively.
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Crude oil was last seen trading down 3.1% at $70.88.
Gold was last seen trading up 2.7% at $1,225.90.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Fluor Corp. (NYSE: FLR) which fell by about 17% to $46.49. The stock’s 52-week range is $42.27 to $62.09. Volume was over 6 million compared to the daily average volume of 1.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Newmont Mining Corp. (NYSE: NEM) which traded up over 7% at $32.78. The stock’s 52-week range is $29.16 to $42.04. Volume was over 11 million compared to the daily average volume of 5.4 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.
