Monday’s Biggest Winners and Losers in the S&P 500
May 22, 2017: The S&P 500 closed higher on the day, up 0.5% at 2,393.91. Separately the DJIA closed up 0.4% as well at 20,894.90. The Nasdaq closed up 0.8% at 6,133.62.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
May 22, 2017: The S&P 500 closed higher on the day, up 0.5% at 2,393.91. Separately the DJIA closed up 0.4% as well at 20,894.90. The Nasdaq closed up 0.8% at 6,133.62.
The broad markets kicked off the week with solid gains on Monday. Practically all of the sectors and industries were showing gains on the day, with an emphasis on the tech sector. Some of the mid- and small-cap oil & gas stocks were lower on the day despite crude oil moving above the $50 mark for the first time in over a month. Following the Saudi arms deal, aerospace and defense stocks were incredibly positive on the day too.
[nativounit]
Crude oil broke the $50 level and was last trading higher on the day up 1% at $50.81.
At the same time, gold was higher, up about 0.6% closing at $1,261.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was The Mosaic Co. (NYSE: MOS) which traded down 2.4% at $23.09. The stock’s 52-week range is $22.43 to $34.36. Volume was 4.2 million versus the daily average of 5.1 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Brown-Forman Corp. (NYSE: BF-B) which jumped over 7% to $56.99. The stock’s 52-week range is $43.72 to $58.01. Volume was 3.6 million on the day.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.
