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 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.
