Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was overall a down day for the U.S. broad markets with all the indices posting a loss, especially the Nasdaq. The tech sector was the worst performing sector and led the charge downward in spectacular fashion with red arrows…
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June 27, 2017: The S&P 500 closed down 0.8% at 2,419.59. The DJIA closed down as well 0.5% at 21,313.88. Separately, the Nasdaq closed down 1.6% at 6,146.62.
Tuesday was overall a down day for the U.S. broad markets with all the indices posting a loss, especially the Nasdaq. The tech sector was the worst performing sector and led the charge downward in spectacular fashion with red arrows across the board. Health care was relatively negative on the day as were consumer goods, industrials, and utilities. Crude oil was actually positive marking its fifth consecutive day up after a pretty bad losing streak. As a result, oil & gas stocks traded only slightly higher. The financial sector was the only winner for the day, bolstered by the major money center banks and the investment houses.
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Crude oil has seemingly turned itself around was last seen up about 2% at $44.28.
Gold was trading up 0.3% at $1,250.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Netflix, Inc. (NASDAQ: NFLX) which traded down 4% at $150.99. The stock’s 52-week range is $84.50 to $166.87. Volume was about 6.5 million versus the daily average of 6.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Signet Jewelers Limited (NYSE: SIG) which rose nearly 5% to $63.07. The stock’s 52-week range is $46.09 to $101.46. Volume was over 2 million on the day compared to the average of 1.8 million.
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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.
