Monday’s Biggest Winners and Losers in the S&P 500
Monday was a decent day for the broad U.S. markets. Crude oil touched above $70 in the session but ultimately retreated by the close. The S&P 500 sectors were more or less split down the middle.
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May 7, 2018: The S&P 500 closed up 0.3% at 2,672.56. The DJIA closed up 0.4% at 24,356.56. Separately, the Nasdaq was up 0.8% at 7,265.21.
Monday was a decent day for the broad U.S. markets. Crude oil touched above $70 in the session but ultimately retreated by the close. The S&P 500 sectors were more or less split down the middle. The most positive sectors were technology and financials up 0.6% each. The worst performing sectors were consumer staples and utilities down 0.7% and 0.6%, respectively.
Crude oil relatively flat at $69.82.
Gold was flat at $1,314.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was International Flabors & Fragrances Inc. (NYSE: IFF) which traded down about 10% at $127.28. The stock’s 52-week range is $126.08 to $157.40. Volume was 3.2 million compared to the daily average volume of about half a million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Medtronic PLC (NYSE: MDT) which rose over 4% to $84.85. The stock’s 52-week range is $76.41 to $89.72. Volume was 9.6 million compared to the daily average volume of 5.2 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.
