Investing

Tuesday's Biggest Winners and Losers in the S&P 500

February 27, 2018: The S&P 500 closed down 1.3% at 2,744.24. The DJIA closed down 1.2% at 25,408.45. Separately, the Nasdaq was down 1.2% at 7,330.35.

Tuesday was a down day for the broad U.S. markets with all three of the major exchanges closing lower on the day. Most of this sell off occurred at the end of the day. Part of this downturn might be attributed to the new Federal Reserve Chair, Jerome Powell’s bullish stance on the economy. Crude oil turned sharply south in the session. The S&P 500 sectors were entirely negative. The most positive sector was financials down only 0.6%. The worst performing sectors were real estate, consumer discretionary, and utilities down 2.0%, 1.8%, and 1.4%, respectively.

Crude oil was down 1.6% at $62.89.

Gold was down 1.0% at $1,319.00.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was AutoZone, Inc. (NYSE: AZO) which traded down over 11% at $651.16. The stock’s 52-week range is $491.13 to $797.89. Volume was nearly 2 million compared to the daily average volume of roughly 0.5 million.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was The AES Corp. (NYSE: AES) which rose over 7% to $11.20. The stock’s 52-week range is $9.87 to $12.05. Volume was just over 20 million compared to the daily average volume of 8.7 million.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.