Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a down day for the broad U.S. markets, yet another continuation from the overall drop that started last Thursday. Each of the major averages started out the day positive but quickly fell negative, and each closed at least…
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April 24, 2018: The S&P 500 closed down 1.3% at 2,634.56. The DJIA closed down 1.7% at 24,024.13. Separately, the Nasdaq was down 1.7% at 7,007.35.
Tuesday was another down day for the broad U.S. markets and another continuation from the overall drop that started last Thursday. Each of the major averages started out the day positive but quickly fell negative, and each closed at least 1.3% lower on the day. Crude oil pulled back for its first time in a while, but $70 is still in sight. The S&P 500 sectors were almost all negative. The most positive sectors were energy and real estate up 0.7% and 0.1%, respectively. The worst performing sectors were industrials and materials which were down 2.8% and 2.7%, respectively.
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Crude oil was down 1.3% at $67.74.
Gold was down 0.8% at $1,333.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Tuesday was Freeport-McMoran Inc. (NYSE: FCX) which traded down about 14.5% at $16.08. The stock’s 52-week range is $11.05 to $20.25. Volume was 77.5 million compared to the daily average volume of 17.7 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Fifth Third Bancorp (NASDAQ: FITB) which rose over 4% to $33.28. The stock’s 52-week range is $23.20 to $34.57. Volume was 10.4 million compared to the daily average volume of 5.1 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.
