Monday’s Biggest Winners and Losers in the S&P 500
Monday started out as a positive day for the broad U.S. markets, but each of the major averages fell over the course of the day to post a loss. Crude oil remained relatively flat compared to last week.
October 23, 2017: The S&P 500 closed down 0.39% at 2,565.16. The DJIA closed down 0.23% at 23,275.00. Separately, the Nasdaq was down 0.64% at 6,586.83.
Monday started out as a positive day for the broad U.S. markets, but each of the major averages fell over the course of the day to post a loss. Crude oil remained relatively flat compared to last week. The S&P 500 sectors were mostly negative with a one sector posting a minimal gain. The best performing sector was utilities up 0.07%. The worst performing sectors were consumer discretionary and industrials, down 0.7% and about 0.6%, respectively.
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Crude oil was relatively flat at $51.85.
Gold was up slightly 0.3% at $1,283.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Hasbro, Inc. (NASDAQ: HAS) which traded down about 9% at $89.73. The stock’s 52-week range is $77.20 to $116.20. Volume was over 6.5 million versus the daily average of 1.4 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Seagate Technology, PLC (NASDAQ: STX) which rose about 12.6% to $39.35. The stock’s 52-week range is $30.60 to $50.96. Volume was about 33 million compared to its average volume of 5.5 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.
