Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a very strong day for U.S. broad markets in general, with each major index hitting a new all-time high. This incredible boost came from the Senate Budget Committee advancing the tax bill. Crude oil took a step back…
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November 28, 2017: The S&P 500 closed up 1% at 2,627.20. The DJIA closed up 1.1% at 23,838.64. Separately, the Nasdaq was up 0.5% at 6,912.36.
Tuesday was a very strong day for U.S. broad markets in general, with each major index hitting a new all-time high. This incredible boost came from the Senate Budget Committee advancing the tax bill. Crude oil took a step back again on Tuesday. The S&P 500 sectors were practically all positive in the session with one exception. The best performing sectors were financials, industrials, and materials, up 2.7%, 1.7% and 1.1%, respectively. The worst performing sector was real estate down 0.3%.
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Crude oil was down 0.3% at $57.91.
Gold was relatively flat at $1,292.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Boston Scientific Corp. (NYSE: BSX) which traded down about 7% at $26.36. The stock’s 52-week range is $19.67 to $29.93. Volume was over 32 million versus the daily average of 5.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Acuity Brands, Inc. (NYSE: AYI) which rose about 5% to $167.88. The stock’s 52-week range is $153.28 to $255.45. Volume was less than half a million compared to its average volume of 0.6 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.
