Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a mixed day for the broad U.S. markets. For the most part earnings season is nearly over, and markets seem to have drifted only a little higher after a solid post-December rally. This week we are going to…
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February 14, 2019: The S&P 500 closed down 0.3% at 2,745.68. The DJIA closed down 0.4% at 25,438.99. Separately, the Nasdaq closed flat at 7,426.95.
Thursday was a down day for the broad U.S. markets. For the most part earnings season is nearly over, and markets seem to have drifted only a little higher after a solid post-December rally. This week we are going to see a few of the earnings stragglers. Crude oil moved higher for the day. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and real estate up 0.6% each. The worst performing sectors were financials and consumer staples down 0.9% each.
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Crude oil was last seen up 1.2% at $54.57.
Gold was last seen trading flat at $1,315.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was CenturyLink, Inc. (NYSE: CTL) which traded down 13% at $12.78. The stock’s 52-week range is $12.74 to $24.20. Volume was about 86.2 million compared to the daily average volume of 14.1 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Marathon Oil Corp. (NYSE: MRO) which rose by about 9% to $16.92. The stock’s 52-week range is $12.57 to $24.20. Volume was about 34.5 million compared to the daily average volume of 20.95 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.