Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a down day for the U.S. markets, and in fact the worst day that we’ve seen in a long time. This is also the second consecutive day for the markets pulling back. Crude oil continued to fall as…
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January 30, 2018: The S&P 500 closed down 1.1% at 2,822.49. The DJIA closed down 1.4% at 26,077.71. Separately, the Nasdaq down 0.9% at 7,402.48.
Tuesday was a down day for the U.S. markets, and in fact the worst day that we’ve seen in a long time. This is also the second consecutive day for the markets pulling back and the biggest 2-day point loss in the Dow since Brexit in June 2016. Crude oil continued to fall as the week went on, down below $65. The S&P 500 sectors were almost all negative in Monday’s session. The most positive sector was utilities up 0.3%. The worst performing sectors were health care, energy, and financials down 1.9%, 1.8%, and 1.0%, respectively.
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Crude oil was down 1.8% at $64.38.
Gold was down 0.4% at $1340.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was MetLife, Inc. (NYSE: MET) which traded down roughly 9% at $49.74. The stock’s 52-week range is $44.18 to $55.91. Volume was 28.5 million compared to the daily average volume of 4.6 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Harris Corporation (NYSE: HRS) which rose about 6% to $156.40. The stock’s 52-week range is $100.61 to $157.70. Volume was roughly 1.5 million compared to the daily average volume of less than 1 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.
