Monday’s Biggest Winners and Losers in the S&P 500
Monday was a solid day for the broad U.S. markets starting out the week with a gain. The Nasdaq closed at a record high, and for the first time above 7,600. Although, crude oil continued to back off, dropping below…
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June 4, 2018: The S&P 500 closed up 0.5% at 2,746.88. The DJIA closed up 0.7% at 24,813.27. Separately, the Nasdaq was up 0.7% at 7,606.46.
Monday was a solid day for the broad U.S. markets starting out the week with a gain. The Nasdaq closed at a record high, and for the first time above 7,600. Crude oil continued to back off, dropping below $65. The S&P 500 sectors were mostly positive. The most positive sectors were real estate and consumer discretionary up 0.9% and 1.1%, respectively. The worst performing sectors were utilites and energy down 0.8% and 0.9%, respectively.
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Crude oil was last seen trading down 1.3% at $64.94.
Gold was last seen trading down 0.2% at $1,296.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was First Solar, Inc. (NASDAQ: FSLR) which traded down about 6% at $61.74. The stock’s 52-week range is $35.33 to $81.72. Volume was 5.4 million compared to the daily average volume of 1.6 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Target Corp. (NYSE: TGT) which rose 5% to $76.36. The stock’s 52-week range is $48.56 to $78.70. Volume was 6.8 million compared to the daily average volume of 5.6 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.
