Against the current: Markets slid, yet TAL Education Group, New Oriental Education & Technology Group Inc., Clorox Co went up and made this list of Friday's top consumer_defensive stocks gainers.
Leading equity indices in the US declined as S&P 500 slipped 1.45% and closed at 3,861.59. Nasdaq lost 1.76% and ended the session at 11,139.
Even though markets fell Friday, some consumer_defensive stocks were bullish. Have a look at these Top Gainers from Friday's session:
Dollar Tree | +1.79% in pre-market trade with 19 hours until open
After closing at $139.64 on Thursday, Dollar Tree Inc maintained a strong bullish bias that helped the stock close higher at $140.29 Friday. However, market bears ensured the the discount variety stores operator topped out at $142.6 and that by the end of the session, the market had marked out a distinct $138.96 to $142.6 range.
Clorox | Closed +0.52% at $150.13
Having closed Thursday at $149.36, bullish sentiment helped Clorox to reach highs around $151.24 before paring gains and ending Friday at $150.13.
+3%: TAL Education closes at $6.84 after gaining 3%
The Chinese education and tutoring company topped out at $7 having ended Friday at $6.84. However, despite early momentum, the stock gave up its gains to now trade at $6.84. TAL Education has a market cap of $4.44 billion with an average daily trading volume of 6.61 million shares. So far this year, it has been doing worse than the Nasdaq by 16.41%.
New Oriental Education & Technology | Up 2.75% to $40.41 Friday
The Chinese education business rose as high as $41 before giving up its gains and dropping back to $40.41 before the close on Friday.