Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a down day for the broad U.S. markets. At first all three major indices started out positive, but over the course of the day each one turned south. Again, most of this selloff came at the end of…
March 13, 2018: The S&P 500 closed down 0.6% at 2,765.24. The DJIA closed down 0.7% at 25,006.89. Separately, the Nasdaq was down 1.0% at 7,511.01.
Tuesday was a down day for the broad U.S. markets. At first all three major indices started out positive, but over the course of the day each one turned south. Again, most of this selloff came at the end of the day. The S&P 500 sectors were mostly negative. The most positive sectors were real estate and utilities up 0.2% each. The worst performing sectors were technology and financials down 1.2% each.
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Crude oil was down 1.3% at $60.59.
Gold was up 0.5% at $1,327.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Qualcomm Inc. (NASDAQ: QCOM) which traded down about 5% at $59.70. The stock’s 52-week range is $48.92 to $69.28. Volume was 38.5 million compared to the daily average volume of 11.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was PG&E Corp. (NYSE: PCG) which rose about 6% to $45.08. The stock’s 52-week range is $37.30 to $71.57. Volume was nearly 13 million compared to the daily average volume of 6.8 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.
