June 19, 2017: The S&P 500 closed higher, up 0.8% at 2,453.23. The DJIA closed higher 0.66% at 21,526.45. Separately, the Nasdaq closed up 1.4% at 6,239.01.
Monday was an incredibly positive day for the markets with the Dow and S&P 500 hitting all-time highs in the session and the Nasdaq having one of its best trading days this year. Although not all was positive in the market, crude oil dropped significantly staying under the $45 mark. Oil & gas stocks suffered along with utilities but that was about it. Leading the charge to higher highs was major money center banks, the tech sector, and some of the larger biotech companies.
Crude continued its drop this week. It was last trading down 1.3% at $44.15.
Gold fell again and was last seen down 0.9% at $1,245.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was EQT Corp. (NYSE: EQT) which traded down about 9% at $53.50. The stock’s 52-week range is $52.67 to $80.61. Volume was over 21.5 million versus the daily average of 2.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was PerkinElmer, Inc. (NYSE: PKI) which rose 6% to $67.57. The stock’s 52-week range is $45.35 to $67.67. Volume was about 2.0 million on the day compared to the average of 588,325.