Monday’s Biggest Winners and Losers Among the S&P 500
The S&P 500 closed nearly flat Monday, as did the Dow Jones Industrial Average. The Nasdaq Composite added about 0.3%.
August 28, 2017: The S&P 500 closed up 0.05% at 2,444.21. The DJIA closed down 0.02% at 21,808.40 and the Nasdaq closed up 0.28% at 6,283.02.
Thursday was a relatively flat day for the U.S. broad markets. Crude oil fell in response to refinery closures on the Gulf Coast and gold reached its highest level since last September.
Of the S&P 500 sectors, four traded higher and seven traded lower.
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Crude oil was last seen down 2.4% at $46.70.
Gold settled up 1.3% at $1,315.30, an 11-month high.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Thursday was Expedia Inc. (NASDAQ: EXPE) which traded down about 4.5% at $142.53. The stock’s 52-week range is $105.62 to $161.00. Volume was 6.1 million versus the daily average of 1.77 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was United Rentals Inc. (NYSE: URI) which rose about 3.2% to $110.71. The stock’s 52-week range is $70.58 to $134.28. Volume was 1.1 million compared to its average volume of 1.33 million.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
