Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a flat day for the broad U.S. markets. Each of the major averages started out the session on a negative note but as the day went on things got better, although not entirely positive. Crude oil bounced back…
November 29, 2018: The S&P 500 closed down 0.2% at 2,737.85. The DJIA closed flat at 25,339.79. Separately, the Nasdaq closed down 0.3% at 7,273.08.
Thursday was a relatively flat day for the broad U.S. markets. Each of the major averages started out the session on a negative note but as the day went on things got better, although not entirely positive. Crude oil bounced back after touching near $50 on Wednesday. The S&P 500 sectors were more or less split down the middle. The most positive sectors were materials and energy up 0.8%, and 0.7%, respectively. The worst performing sectors were financial services and technology down 0.8% and 0.8%, respectively.
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Crude oil was last seen trading up 2.2% at $51.39.
Gold was last seen trading flat at $1,229.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Quest Diagnostics Inc. (NYSE: DGX) which traded down about 9% at $88.00. The stock’s 52-week range is $87.40 to $116.49. Volume was 4.2 million compared to the daily average volume of 1.1 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Dollar Tree, Inc. (NASDAQ: DLTR) which rose by about 6% to $88.11. The stock’s 52-week range is $78.78 to $116.65. Volume was about 11.8 million compared to the daily average volume of 4.1 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.