Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a down day for the broad U.S. markets. Each of the major exchanges turned lower in the session, putting the Dow and S&P 500 on track for their worst December since 1931. Crude oil posted another big loss…
December 20, 2018: The S&P 500 closed down 1.6% at 2,467.05. The DJIA closed down 2.0% at 22,854.58. Separately, the Nasdaq closed down 1.6% at 6,528.41.
Thursday was a down day for the broad U.S. markets. Each of the major exchanges turned lower in the session, putting the Dow and S&P 500 on track for their worst December since 1931. Crude oil posted another big loss on the day dipping even further below $50. The S&P 500 sectors were almost entirely negative. The most positive sector was utilities up 0.2%. The worst performing sectors were energy and consumer discretionary down 2.9%, and 2.4%, respectively.
Crude oil was last seen down 4.3% at $46.10.
Gold was last seen trading up 0.8% at $1,266.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Conagra Brands, Inc. (NYSE: CAG) which traded down about 16% at $24.27. The stock’s 52-week range is $23.98 to $39.43. Volume was roughly 18 million compared to the daily average volume of 7.3 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Newmont Mining Corp. (NYSE: NEM) which rose by more than 6% to $34.09. The stock’s 52-week range is $29.06 to $42.04. Volume was nearly 10 million compared to the daily average volume of 6.2 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.