Monday’s Biggest Winners and Losers in the S&P 500
Monday was a very bad way to start out the week for the broad U.S. markets. All three major indices saw a drop of at least 1.3%. Although the day started out negative, the losses only stretched as the day…
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March 19 2018: The S&P 500 closed down 1.4% at 2,712.95. The DJIA closed down 1.3% at 24,611.53. Separately, the Nasdaq was down 1.8% at 7,344.24.
Monday was a very bad way to start out the week for the broad U.S. markets. All three major indices saw a drop of at least 1.3%. Although the day started out negative, the losses only stretched as the day went on. The S&P 500 sectors were entirely negative. The most “positive” sectors were utilities and financials down 0.7%, and 0.8%, respectively. The worst performing sectors were technology, energy, and health care down 2.0%, 1.6%, and 1.6%, respectively.
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Crude oil was down 0.3% at $62.17.
Gold was up 0.4% at $1,316.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Frontier Communications Corp. (NASDAQ: FTR) which traded down over 8% at $7.02. The stock’s 52-week range is $6.08 to $37.65. Volume was 4.7 million compared to the daily average volume of 3.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Signet Jewelers Limited (NYSE: SIG) which rose about 2% to $39.48. The stock’s 52-week range is $187.96 to $314.86. Volume was 3.8 million compared to the daily average volume of 2.8 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.
