Friday’s Biggest Winners and Losers in the S&P 500
Friday was a fairly positive day for the broad U.S. markets. Crude oil continued to bounce back after getting absolutely crushed earlier in the week. The S&P 500 sectors were almost entirely positive.
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November 16, 2018: The S&P 500 closed up 0.2% at 2,736.30. The DJIA closed up 0.5% at 25,413.29. Separately, the Nasdaq closed down 0.2% at 7,247.87.
Friday was a fairly positive day for the broad U.S. markets. Although Friday was a good day, each of the major averages ended the week lower going into the Thanksgiving holiday week. Crude oil continued to bounce back after getting absolutely crushed earlier in the week. The S&P 500 sectors were almost entirely positive. The most positive sectors were utilities and energy up 1.5% and 1.4%, respectively. The worst performing sector was consumer discretionary down 0.2%.
Crude oil was last seen trading up 0.5% at $56.73.
Gold was last seen trading up 0.6% at $1,222.40.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Nvidia Corp. (NASDAQ: NVDA) which fell by about 18% to $164.43. The stock’s 52-week range is $161.61 to $292.76. Volume was nearly 48 million compared to the daily average volume of 12.5 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was PG&E Corp. (NYSE: PCG) which traded up about 38% at $24.40. The stock’s 52-week range is $17.26 to $55.35. Volume was 53 million compared to the daily average volume of 9.2 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.