Tuesday’s Biggest Winners and Losers in the S&P 500

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By Chris Lange Updated Published
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Tuesday’s Biggest Winners and Losers in the S&P 500

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May 23, 2017: The S&P 500 closed higher on the day, up 0.2% at 2,398.45. Separately the DJIA closed up 0.2% as well at 20,938.59. The Nasdaq closed relatively flat at 6,138.71.

Although the broad markets had a positive day even if it was only slightly. Crude oil continued to push higher again on Tuesday back above $50 and now above $51. The main drag on the markets that kept them from pushing higher was retailers and a handful of tech stocks. Otherwise, the S&P 500 sectors were more or less positive across the board with a few exceptions. We saw the biggest gains in financial stocks and health care stocks. While crude was posting another strong day, oil & gas stocks were only slightly higher.

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Crude oil broke the $50 level Monday and continued even higher on Tuesday. Crude was last trading higher on the day up 0.6% at $51.44.

At the same time, gold was lower, down about % closing at $1,2__.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was AutoZone, Inc. (NYSE: AZO) which traded down over 11% at $582.65. The stock’s 52-week range is $581.60 to $819.54. Volume was 2.8 million versus the daily average of 370,000 shares.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Agilent Technologies, Inc. (NYSE: A) which jumped over 4% to $58.62. The stock’s 52-week range is $41.98 to $59.97. Volume was 7.0 million on the day compared to the average of 1.7 million.

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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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