Monday’s Biggest Winners and Losers in the S&P 500
January 8, 2018 by Chris LangeJanuary 8, 2018: The S&P 500 closed up 0.2% at 2,747.45. The DJIA closed relatively flat at 25,278.49. Separately, the Nasdaq was up 0.3% at 7,157.39.
Although Monday was a relatively mixed day for the markets, all three of the major exchanges hit all-time highs yet again. This is only the fifth trading day of the New Year and markets have been setting records on practically every day thus far. With earnings season just around the corner, we will finally get to see if the fundamentals are backing up this rally. Crude oil held above $60 and made some more progress to start the week. The S&P 500 sectors were practically all positive. The best performing sectors were utilities and real estate care, up 1.0% and 0.7%, respectively. The worst performing sectors were health care and financials, down 0.3% and 0.1%, respectively.
Crude oil was up 0.7% at $61.86.
Gold was relatively flat at $1,320.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Biogen Inc. (NASDAQ: BIIB) which traded down nearly 4% at $329.58. The stock’s 52-week range is $244.28 to $348.84. Volume was 1.2 million matching the daily average of 1.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Seagate Technology PLC (NASDAQ: STX) which rose about 7% to $45.92. The stock’s 52-week range is $30.60 to $50.96. Volume was over 22 million compared to its average volume of 4.6 million.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.