Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a positive day for the broad U.S. markets, with all three major indexes positing a solid gain on the day. Crude oil was briefly positive during the session but ultimately ended flat. The S&P 500 sectors were all…
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August 14, 2018: The S&P 500 closed up 0.6% at 2,840.01. The DJIA closed up 0.5% at 25,300.09. Separately, the Nasdaq was up 0.7% at 7,870.89.
Tuesday was a positive day for the broad U.S. markets, with all three major indexes positing a solid gain on the day. Crude oil was briefly positive during the session but ultimately ended flat. The S&P 500 sectors were all positive. The most positive sectors were consumer discretionary, financials and materials up 1.0%, 1.0%, and 0.8%, respectively. The worst performing sector was utilities up only 0.2%.
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Crude oil was last seen trading flat at $67.17.
Gold was last seen trading up 0.2% at $1,201.80.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Microchip Technology Inc. (NASDAQ: MCHP) which fell about 3.6% to $83.92. The stock’s 52-week range is $78.33 to $104.20. Volume was about 4 million compared to the daily average volume of 2.3 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Advance Auto Parts, Inc. (NYSE: AAP) which traded up about 7% at $154.80. The stock’s 52-week range is $78.81 to $159.50. Volume was about 3.6 million compared to the daily average volume of 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.
