Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a mixed day in the U.S. broad markets. Crude oil posted one of its largest single daily gains this year and really pulled up Oil & Gas stocks. Apart from this, the financial sector had a very strong…
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July 25, 2017: The S&P 500 closed up 0.3% at 2,477.18. The DJIA closed up 0.5% at 21,612.95. Separately, the Nasdaq closed relatively flat at 6,412.17.
Tuesday was a mixed day in the U.S. broad markets. Crude oil posted one of its largest single daily gains this year and really pulled up oil & gas stocks. Apart from this, the financial sector had a very strong showing with green arrows across the board, and the biggest gains at the major money center banks. Separately, the tech sector had a relatively positive day with a few notable exceptions being Alphabet, Seagate, and Micron. Retail stocks made up for the weakness from Monday, but by the same token health care stocks felt a sting. Utilities were down on the day as well.
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Crude oil was last seen up 3.3% at $47.88.
Gold was down 0.4% at $1,249.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Seagate Technologies PLC (NASDAQ: STX) which traded down nearly 17% at $33.08. The stock’s 52-week range is $30.09 to $50.96. Volume was about 34 million versus the daily average of 5.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Freeport-McMoRan Inc. (NYSE: FCX) which rose nearly 15% to $14.89. The stock’s 52-week range is $9.24 to $17.06. Volume was over 71 million compared to its average volume of 18.9 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.
