Monday’s Biggest Winners and Losers in the S&P 500
Monday was a positive day for the broad U.S. markets with all three major indices posting a solid gain to start the week. Although the averages performed well in the session, Crude oil pulled back after posting a massive gain…
April 16, 2018: The S&P 500 closed up 0.8% at 2,677.96. The DJIA closed up 0.9% at 24,575.90. Separately, the Nasdaq was up 0.7% at 7,156.28.
Monday was a positive day for the broad U.S. markets with all three major indices posting a solid gain to start the week. Although the averages performed well in the session, crude oil pulled back after posting a massive gain last week. The S&P 500 sectors were entirely positive. The most positive sectors were materials and utilities up 1.4% each. The “worst” performing sectors were financials and real estate discretionary which were up only 0.7% and 0.6%, respectively.
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Crude oil was down 1.5% at $66.37.
Gold was relatively flat at $1,349.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Bristol-Myers Squibb Co. (NYSE: BMY) which traded down about 8% at $53.84. The stock’s 52-week range is $51.56 to $70.05. Volume was 33.4 million compared to the daily average volume of 8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) which rose about 6% to $119.64. The stock’s 52-week range is $83.35 to $126.49. Volume was over 2 million compared to the daily average volume of 1 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.
