Friday’s Biggest Winners and Losers in the S&P 500
Friday was a solid for the broad U.S. markets, bouncing back from the devastating drop on Wednesday and Thursday. Each of the major averages gained over 1% in the session with the Nasdaq posting the strongest performance. Crude oil posted…
October 12, 2018: The S&P 500 closed up 1.4% at 2,766.95. The DJIA closed up 1.1% at 25,336.67. Separately, the Nasdaq closed up 2.3% at 7,496.89.
Friday was a solid day for the broad U.S. markets, bouncing back from the devastating drop on Wednesday and Thursday. Each of the major averages gained over 1% in the session with the Nasdaq posting the strongest performance. Crude oil posted a nice gain in Friday’s session but still ended the week lower. The S&P 500 sectors were entirely positive. The most positive sectors were technology, consumer discretionary, and health care up 3.5%, 2.2%, and 1.9%, respectively. The “worst” performing sector was utilities up only 0.1%.
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Crude oil was last seen trading up 0.9% at $71.64.
Gold was last seen trading down 0.5% at $1,221.60.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Frontier Communications Corp. (NASDAQ: FTR) which fell by about 9% to $5.37. The stock’s 52-week range is $4.52 to $12.19. Volume was 5.5 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 Netflix, Inc. (NASDAQ: NFLX) which traded up over 5% at $339.56. The stock’s 52-week range is $178.38 to $423.21. Volume was over 14 million compared to the daily average volume of 11.2 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.
