Monday’s Biggest Winners and Losers in the S&P 500
Monday was a great start to the week for the broad U.S. markets. Again all three of the major exchanges hit all-time highs. Notable highlights here were that the Nasdaq hit over the 7,000 mark for the first time ever…
December 18, 2017: The S&P 500 closed up 0.5% at 2,690.34. The DJIA closed up 0.6% at 24,792.96. Separately, the Nasdaq was up 0.8% at 6,994.76.
Monday was a great start to the week for the broad U.S. markets. Again all three of the major exchanges hit all-time highs. Notable highlights here were that the Nasdaq hit over the 7,000 mark for the first time ever and the Dow reached within 125 points of hitting 25,000—less than a month after hitting 24,000. Crude oil was down slightly in Monday’s session. The S&P 500 sectors were mostly positive on the day with one very large exception. The best performing sectors were materials, energy and financials up 1.5%, 0.8% and 1.0%, respectively. The worst performing sectors were utilities and consumer staples down 1.1% and 0.1%, respectively.
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Crude oil was down 0.3% at $57.15.
Gold was up 0.6% at $1,264.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Mattel, Inc. (NASDAQ: MAT) which traded down about 4% at $14.84. The stock’s 52-week range is $12.71 to $31.60. Volume was 10 million versus the daily average of 12 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Akamai Technologies, Inc. (NASDAQ: AKAM) which rose about 14% to $65.67. The stock’s 52-week range is $44.65 to $71.64. Volume was 14.5 million compared to its average volume of 2 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.
