Monday’s Biggest Winners and Losers in the S&P 500
Monday was a positive day for the U.S. broad markets with all of the major exchanges hitting new all-time highs. Crude oil also came on strong to start out the week. The S&P 500 sectors were practically split down the…
November 6, 2017: The S&P 500 closed up 0.13% at 2,591.13. The DJIA closed relatively flat at 23,548.69. Separately, the Nasdaq was up 0.33% at 6,786.44.
Monday was a positive day for the U.S. broad markets with all of the major exchanges hitting new all-time highs. Crude oil also came on strong to start out the week. The S&P 500 sectors were practically split down the middle. The best performing sectors were energy and real estate, up 2.3% and 1.6%, respectively. The worst performing sectors were consumer staples and materials, down 1%, and 0.46%, respectively.
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Crude oil was up about 3% at $57.34.
Gold was up 1% at $1,282.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Henry Schein, Inc. (NASDAQ: HSIC) which traded down about 10% at $70.04. The stock’s 52-week range is $69.51 to $93.50. Volume was roughly 7.5 million versus the daily average 1.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Michael Kors Holdings Limited (NYSE: KORS) which rose about 15% to $54.57. The stock’s 52-week range is $32.38 to $55.01. Volume was about 17 million compared to its average volume of 2.3 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.
