Monday’s Biggest Winners and Losers in the S&P 500
Monday was a positive day for the U.S. markets. All three major exchanges started out the week on a positive note. There are some concerns that the volatility we saw last week might have been overdone, and this could be…
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February 12, 2018: The S&P 500 closed up 1.4% at 2,655.83. The DJIA closed up 1.7% at 24,599.07. Separately, the Nasdaq was up 1.6% at 6,981.96.
Monday was a second-consecutive positive day for the U.S. markets. All three major exchanges started out the week on a positive note. There are some concerns that the volatility we saw last week might have been overdone, and this could be the recovery we’re looking for. Crude oil is still below $60 and it was relatively flat in Monday’s session. The S&P 500 sectors were entirely positive to kick off the week. The most positive sectors were materials, technology, and energy up 2.1%, 1.8% and 1.7%, respectively. The “worst” performing sector was real estate up only 0.3%.
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Crude oil was relatively flat at $59.31.
Gold was up 0.8% at $1,326.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Ulta Beauty, Inc. (NASDAQ: ULTA) which traded down over 4% at $209.40. The stock’s 52-week range is $187.96 to $314.86. Volume was over 2.6 million compared to the daily average volume of 1.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Frontier Communications Corp. (NASDAQ: FTR) which rose about 12% to $7.67. The stock’s 52-week range is $6.08 to $51.30. Volume was 2.6 million compared to the daily average volume of roughly 3.7 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.
