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…
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 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.
