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 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.
