March 20, 2017: The S&P 500 closed relatively flat on the day, down 0.20% and 4.80 points to 2,373.46. Separately the DJIA closed down ever so slightly 0.04% on the day at 20,906.54, down approximately 8.08 points. Overall the market was relatively mixed on Monday with most sectors flat or trading down. Notable winners to kick off the week were major airlines and agricultural chemicals; otherwise, there was no consistent pattern to the stocks making gains. On the other hand the financial sector, health insurers, and retail all pulled the market lower.
Crude oil is continuing to push below the $50 mark, closing down 1.09% $48.27.
Gold has continued to push above the $1,200 level, it rose slightly up 0.36% or $4.40, closing at $1,234.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Kohl’s Corp. (NYSE: KSS) which traded down 4.8% at $38.56. The stock’s 52-week range is $33.87 to $59.67. Volume was 4.4 million versus the daily average of 4.8 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was CF Industries Holdings, Inc. (NYSE: CF) which jumped 3.7% to $30.37. The stock’s 52-week range is $20.77 to $37.17. Volume was 5.3 million which is just under the daily average of around 5.4 million shares.