Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a very positive day for the broad U.S. markets. The S&P 500 and DJIA pushed higher in the session largely driven by the tech sector, although the major banks offered some resistance. Crude oil backed off in the…
March 21, 2019: The S&P 500 closed up 1.1% at 2,854.99. The DJIA closed up 0.9% at 25,963.77. Separately, the Nasdaq closed up 1.4% at 7,838.96.
Thursday was a very positive day for the broad U.S. markets. The S&P 500 and DJIA pushed higher in the session largely driven by the tech sector, while major banks offered some resistance. Crude oil backed off in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were technology, real estate, and consumer discretionary up 2.6%, 1.7%, and 1.4%, respectively. The worst performing sector was financials down 0.3%.
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Crude oil was last seen down 0.6% at $59.85.
Gold was last seen trading up 0.5% at $1,307.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Biogen Inc. (NASDAQ: BIIB | BIIB Price Prediction) which traded down about 29% at $226.88. The stock’s 52-week range is $224.60 to $388.67. Volume was about 21 million compared to the daily average volume of 1.3 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Conagra Brands, Inc. (NYSE: CAG) which rose by about 13% to $25.82. The stock’s 52-week range is $20.22 to $39.43. Volume was 27.7 million compared to the daily average volume of 8.7 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.