Monday’s Biggest Winners and Losers in the S&P 500
Monday was an incredible day for the U.S. broad markets with each index posting an incredible gain on the day. In particular the S&P 500 saw a gain in each one of its sectors. Crude oil was significantly lower on…
August 14, 2017: The S&P 500 closed up about 1% at 2,465.43. The DJIA closed up 0.6% at 21,990.29. Separately, the Nasdaq closed up 1.3% at 6,340.23.
Monday was an incredible day for the U.S. broad markets with each index posting an significant gain on the day. In particular the S&P 500 saw a gain in each one of its sectors. Crude oil was significantly lower on the day but with this tailwind only a few oil & gas stocks were affected. In terms of the S&P sectors, the best performing out of the group were the financial and tech stocks. Outside of this everything seemed to go well in the markets despite it being a slow news day and even with the North Korean threat looming in the distance.
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Crude oil was last seen down over 2% at $47.55.
Gold was down 0.5% at $1,287.60.
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The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Mylan N.V. (NASDAQ: MYL) which traded down about 4% at $29.62. The stock’s 52-week range is $29.58 to $49.42. Volume was about 11 million versus the daily average of 6.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was NVidia Corp. (NASDAQ: NVDA) which rose around 8% to $168.40. The stock’s 52-week range is $57.32 to $174.56. Volume was 31.5 million compared to its average volume of 22.6 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.
