Friday’s Biggest Winners and Losers in the S&P 500
Friday was a positive day for the broad U.S. markets. Each of the major averages started out the session on a negative note but ultimately ended the day positive.
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November 30, 2018: The S&P 500 closed up 0.8% at 2,759.14. The DJIA closed up 0.7% at 25,510.11. Separately, the Nasdaq closed up 0.8% at 7,330.54.
Friday was a positive day for the broad U.S. markets. Each of the major averages started out the session on a negative note but ultimately ended the day positive. Crude oil was pushed back down again on Friday. The S&P 500 sectors were almost entirely positive with one key exception. The most positive sectors were utilities, industrials, and real estate up 1.4%, 1.0%, and 0.9%, respectively. The worst performing sector was energy down 0.4%.
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Crude oil was last seen trading down 1.8% at $50.53.
Gold was last seen trading down 0.3% at $1,227.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Laboratory Corp. of America Holdings (NYSE: LH) which traded down about 10% at $145.80. The stock’s 52-week range is $142.49 to $190.36. Volume was 3.6 million compared to the daily average volume of 0.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was SVB Financial Group (NASDAQ: SIVB) which rose by about 5% to $255.08. The stock’s 52-week range is $216.32 to $333.74. Volume was about 1 million compared to the daily average volume of 0.6 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.