Monday’s Biggest Winners and Losers in the S&P 500
Monday was a down day for the U.S. markets. Although the markets have been pushing new highs recently, today was not one of those days. Crude oil started the week out on a negative note, pulling back from $66. The…
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January 29, 2018: The S&P 500 closed down 0.7% at 2,853.31. The DJIA closed down 0.7% at 26,436.02. Separately, the Nasdaq down 0.5% at 7,466.51.
Monday was a down day for the U.S. markets. Although the markets have been pushing new highs recently, today was not one of those days. Crude oil started the week out on a negative note, pulling back from $66. The S&P 500 sectors were all negative in Monday’s session. The most “positive” sector was health care down 0.1%. The worst performing sectors were utilities, real estate, and materials each down about 1.1%.
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Crude oil was down 0.9% at $65.53.
Gold was down 0.9% at $1339.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Wynn Resorts, Limited (NASDAQ: WYNN) which traded down roughly 9% at $163.45. The stock’s 52-week range is $92.67 to $203.63. Volume was about 26 million compared to the daily average volume of 2.2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Gilead Sciences, Inc. (NASDAQ: GILD) which rose about 4% to $88.78. The stock’s 52-week range is $63.76 to $89.54. Volume was roughly 18 million compared to the daily average volume of about 8 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.
