May 21, 2018: The S&P 500 closed up 0.7% at 2,733.03. The DJIA closed up 1.2% at 25,013.36. Separately, the Nasdaq was up 0.5% at 7,394.04.
Monday was a positive day for the broad U.S. markets. All three of the major averages started out positive for the day and held on to their gains throughout the session, with the Dow being the biggest winner. Crude oil started out the week with a bang, charging even further above the $70 price level. The S&P 500 sectors were entirely positive. The most positive sectors were industrials, real estate, and energy up 1.5%, 1.1%, and 0.9%, respectively. The “worst” performing sector was health care up only 0.1%.
Crude oil was up 1.6% at $72.40.
Gold was flat at $1,291.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Fifth Third Bancorp (NASDAQ: FITB) which traded down about 8% at $30.94. The stock’s 52-week range is $23.20 to $34.67. Volume was nearly 27 million compared to the daily average volume of 5.2 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Range Resources Corp. (NYSE: RRC) which rose about 6% to $16.05. The stock’s 52-week range is $11.93 to $25.96. Volume was 8.6 million compared to the daily average volume of 7.4 million.