Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a down day for the broad U.S. markets. Crude oil saw a big drop in Tuesday’s session. The S&P 500 sectors were mostly negative.
May 29, 2018: The S&P 500 closed down 1.2% at 2,689.88. The DJIA closed down 1.6% at 24,362.48. Separately, the Nasdaq was down 0.5% at 7,396.59.
Tuesday was a down day for the broad U.S. markets. Crude oil saw a big drop in Tuesday’s session added to a 5% drop last week. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 0.0% and 0.3%, respectively. The worst performing sectors were financials and materials down 3.4% and 1.7% respectively.
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Crude oil was last seen trading down 1.6% at $66.79.
Gold was last seen trading flat at $1,301.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was BorgWarner Inc. (NYSE: BWA) which traded down about 6% at $48.55. The stock’s 52-week range is $40.00 to $58.22. Volume was roughly 3 million compared to the daily average volume of 1.4 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Micron Technology, Inc. (NASDAQ: MU) which rose about 2% to $62.62. The stock’s 52-week range is $26.85 to $63.98. Volume was 73.6 million compared to the daily average volume of 57.5 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.
