Monday’s Biggest Winners and Losers in the S&P 500
Monday was a mixed day for the broad U.S. markets, although the broad markets traded sideways more than anything else. Crude oil suffered another massive loss, dropping it back below $70. The S&P 500 sectors were mostly negative.
July 16, 2018: The S&P 500 closed flat at 2,798.42. The DJIA closed up 0.2% at 25,063.68. Separately, the Nasdaq was down 0.3% at 7,805.72.
Monday was a mixed day for the broad U.S. markets, although the broad markets traded sideways more than anything else. Crude oil suffered another massive loss, dropping it back below $70. The S&P 500 sectors were mostly negative. The most positive sectors were financials and consumer discretionary up 1.7% and 0.2%, respectively. The worst performing sectors were energy and materials down 1.2% and 0.8%, respectively.
[nativounit]
Crude oil was last seen trading down 4% at $68.23.
Gold was last seen trading flat at $1,241.10.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Alliance Data Systems Corp. (NYSE: ADS) which fell about 10% to $218.96. The stock’s 52-week range is $192.02 to $278.33. Volume was about 1.6 million compared to the daily average volume of about half a million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was V.F. Corp. (NYSE: VFC) which traded up over 4% at $88.77. The stock’s 52-week range is $55.51 to $88.99. Volume was about 4 million compared to the daily average volume of 2 million.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.