Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday started out as a great day for the markets, but quickly turned for the worse right out of the gate. While Monday showed a lot of promise for the major exchanges, Tuesday was a small step back. Crude oil…
December 19, 2017: The S&P 500 closed down 0.3% at 2,681.48. The DJIA closed down 0.15% at 24,754.26. Separately, the Nasdaq was down 0.4% at 6,963.85.
Tuesday started out as a great day for the markets, but quickly turned for the worse right out of the gate. While Monday showed a lot of promise for the major exchanges, Tuesday was a small step back. Crude oil was up for the session countering Monday’s loss. The S&P 500 sectors were mostly negative on the day with a few small exceptions. The best performing sectors were energy and consumer staples up 0.1%, and 0.1%, respectively. The worst performing sectors were real estate, utilities, and technology down 1.9%, 1.8% and 0.6%, respectively.
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Crude oil was up 0.6% at $57.49.
Gold was relatively flat at $1,265.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Frontier Communications Corp. (NASDAQ: FTR) which traded down about 9% at $7.44. The stock’s 52-week range is $6.08 to $57.30. Volume was 4.6 million versus the daily average of 3.9 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Darden Restaurants, Inc. (NYSE: DRI) which rose over 6% to $96.68. The stock’s 52-week range is $71.02 to $96.74. Volume was 4.5 million compared to its average volume of 1.7 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.
