Monday’s Biggest Winners and Losers in the S&P 500
Monday was a down day for the broad U.S. markets, with the Nasdaq taking the worst of the punishment. Crude oil made some solid progress in the session and is back at $70. The S&P 500 sectors were mostly negative.
July 30, 2018: The S&P 500 closed down 0.6% at 2,802.71. The DJIA closed down 0.6% at 25,307.70. Separately, the Nasdaq was down 1.4% at 7,630.00.
Monday was a down day for the broad U.S. markets, with the Nasdaq taking the worst of the punishment. Crude oil made some solid progress in the session and is back at $70. The S&P 500 sectors were mostly negative. The most positive sector was energy up 0.7%. The worst performing sectors were technology, industrials, and consumer discretionary down 1.5%, 1.0% and 0.9%, respectively.
Crude oil was last seen trading up 2.0% at $70.08.
Gold was last seen trading flat at $1,231.50.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Tyson Foods, Inc. (NYSE: TSN) which fell over 7% to $58.71. The stock’s 52-week range is $58.33 to $84.65. Volume was just about 7 million compared to the daily average volume of 2.1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Franklin Resources, Inc. (NYSE: BEN) which traded up over 5% at $34.26. The stock’s 52-week range is $31.28 to $45.96. Volume was 5.5 million compared to the daily average volume of 3.1 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.
