Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a relatively flat day for the broad markets, although this isn’t necessarily good or bad the markets are solidifying their position near these all-time highs. Crude oil gave a little back after an explosive start to the week.…
September 26, 2017: The S&P 500 closed flat at 2,497.08. The DJIA closed relatively flat at 22,288.42. Separately, the Nasdaq was up 0.15% at 6,380.16.
Tuesday was a relatively flat day for the broad markets, and although this isn’t necessarily good or bad, the markets are solidifying their position near these all-time highs. Crude oil gave a little back after an explosive start to the week. The best performing sector in the S&P 500 was technology, which was up about 0.3%. The worst performing sector was materials which was down 0.4%.
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Crude oil was down about 0.5% at $51.94.
Gold was down over 1% at $1,297.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Darden Restaurants, Inc. (NYSE: DRI) which traded down over 6% at $77.80. The stock’s 52-week range is $60.16 to $95.22. Volume was nearly 6 million versus the daily average of 1.8 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Red Hat, Inc. (NYSE: RHT) which rose about 4% to $110.01. The stock’s 52-week range is $68.54 to $113.73. Volume was about 6 million compared to its average volume of 1.4 million.
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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
