Monday’s Biggest Winners and Losers in the S&P 500
Monday was a relatively flat day for the broad markets on very low volume, as the result of a once-in-a-lifetime solar eclipse that took place across the U.S. The eclipse lasted about 2 hours and took place in the middle…
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August 21, 2017: The S&P 500 closed up 0.1% at 2,428.29. The DJIA closed up 0.1% at 21,703.14. Separately, the Nasdaq closed relatively flat at 6,213.13.
Monday was a mostly flat day for the broad markets on very low volume, as the result of a once-in-a-lifetime solar eclipse that took place across the U.S. The eclipse lasted about 2 hours and took place in the middle of the trading day but that was enough for traders, reports, and everyone in general to take time out of their day to watch. Crude oil was down again, bringing a few oil & gas stocks down with it. Separately, the health care sector had a strong showing to start off the week as did utilities. The remainder of the market was relatively flat although there was some scattered weakness throughout the financial and tech sectors.
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Crude oil was last seen down 2.3% at $47.41.
Gold was up 0.4% at $1,296.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Foot Locker, Inc. (NYSE: FL) which traded down 7.5% at $31.82. The stock’s 52-week range is $31.72 to $79.43. Volume was about 22.7 million versus the daily average of 4.4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Freeport-McMoran Inc. (NYSE: FCX) which rose about 4% to $14.73. The stock’s 52-week range is $9.24 to $17.06. Volume was nearly 21 million compared to its average volume of 18.5 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.
