Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a relatively flat day for the U.S. broad markets. There wasn’t much, if any, change in the price of crude oil. Most of the significant moves that happened on Tuesday were earnings driven. In terms of the S&P…
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August 15, 2017: The S&P 500 closed relatively flat at 2,464.71. The DJIA closed flat at 22,002.38. Separately, the Nasdaq closed down 0.1% at 6,333.01.
Tuesday was a relatively flat day for the U.S. broad markets. There wasn’t much, if any, change in the price of crude oil. Most of the significant moves that happened on Tuesday were earnings driven. In terms of the S&P 500 Sectors, financial stocks seemed to fare best on the day with the exception of the Retail REITs industry. Retail stocks in general suffered on Tuesday, and it begs the question of when where there will be a bottom to how far these can fall.
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Crude oil was last seen trading relatively flat at $47.65.
Gold was down about 1% at $1,277.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Advance Auto Parts, Inc. (NYSE: AAP) which traded down over 20% at $86.87. The stock’s 52-week range is $82.21 to $177.83. Volume was over 19 million versus the daily average of 1.9 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Wynn Resorts, Limited (NASDAQ: WYNN) which rose over 6% to $136.51. The stock’s 52-week range is $82.51 to $139.67. Volume was about 5 million compared to its average volume of 2.0 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.
