Monday’s Biggest Winners and Losers in the S&P 500
Monday was a down day for the U.S. broad markets with the Nasdaq seeing one of its worst days on the year. Despite markets being down crude oil rocketed up and brought up the energy sector with it, this was…
September 25, 2017: The S&P 500 closed down 0.22% at 2,496.62. The DJIA closed down 0.24% at 22,296.44. Separately, the Nasdaq was down 0.86% at 6,371.59.
Monday was a down day for the broad U.S. markets with the Nasdaq seeing one of its worst days on the year. Despite markets being down crude oil rocketed up and brought up the energy sector with it, making energy far and away the best performing sector in the S&P 500, up 1.6%. The next best performing sector was utilities which was up about 0.9%. The worst performing sector was technology down 1.2%, mainly dragged down by Facebook, Alphabet, and Microsoft.
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Crude oil was up about 3% at $52.16.
Gold was up over 1% at $1,312.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was First Solar, Inc. (NASDAQ: FSLR) which traded down nearly 9% at $46.87. The stock’s 52-week range is $25.56 to $53.00. Volume was over 5 million versus the daily average of 2.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Diamond Offshore Drilling (NYSE: DO) which rose about 9% to $14.51. The stock’s 52-week range is $10.06 to $22.65. Volume was over 4 million compared to its average volume of 2.8 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.
