Monday’s Biggest Winners and Losers in the S&P 500
Monday was a mixed day for the broad U.S. markets, with only one of the major exchanges making any real headway. Crude oil finally broke its winning streak and remained flat on the day. The S&P 500 sectors were split…
July 2, 2018: The S&P 500 closed up 0.3% at 2,726.46. The DJIA closed up 0.1% at 24,305.10. Separately, the Nasdaq was up 0.8% at 7,567.69.
Monday was a positive day for the broad U.S. markets, although it took until the last 10 minutes of trading for the markets to make any real headway. Crude oil finally broke its winning streak and remained flat on the day. The S&P 500 sectors were split down the middle. The most positive sectors were technology and utilities, up 0.8% and 0.5%, respectively. The worst performing sectors were energy and consumer staples, down 1.5% and 0.7%, respectively.
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Crude oil was last seen trading flat at $74.05.
Gold was last seen trading down 0.9% at $1,242.70.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Wynn Resorts Limited (NASDAQ: WYNN) which fell about 8% to $153.94. The stock’s 52-week range is $124.11 to $203.63. Volume was about 6.5 million compared to the daily average volume of 2.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Micron Technology, Inc. (NASDAQ: MU) which traded up over 3% at $54.33. The stock’s 52-week range is $26.85 to $64.66. Volume was about 38.5 million compared to the daily average volume of 51 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.