Monday’s Biggest Winners and Losers in the S&P 500
Monday was a very positive day for the broad U.S. markets, with all three of the major exchanges closing at least 1% higher on the day. Crude oil made decent start to week and is holding to close to the…
February 26, 2018: The S&P 500 closed up 1.2% at 2,779.61. The DJIA closed up 1.6% at 25,708.93. Separately, the Nasdaq was up 1.2% at 7,421.46.
Monday was a very positive day for the broad U.S. markets, with all three of the major exchanges closing at least 1% higher on the day. Crude oil made decent start to week and is holding close to the $64 price level. The S&P 500 sectors were almost entirely positive. The most positive sectors were technology, financials, and industrials up 1.4%, 1.4% and 1.3%, respectively. The worst performing sector was utilities down 0.4%.
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Crude oil was up 0.7% at $63.97.
Gold was up 0.4% at $1,334.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Albemarle Corp. (NYSE: ALB) which traded down about 7% at $110.04. The stock’s 52-week range is $92.22 to $144.99. Volume was nearly 7 million compared to the daily average volume of roughly 2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was HP Inc. (NYSE: HPQ) which rose over 6% to $23.49. The stock’s 52-week range is $17.03 to $24.10. Volume was almost 20 million compared to the daily average volume of about 10 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.
