Monday’s Biggest Winners and Losers in the S&P 500
Friday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs. The DJIA hit its highest level since early February. Crude oil posted another small gain in the session. The S&P…
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August 27, 2018: The S&P 500 closed up 0.8% at 2,896.68. The DJIA closed up 1.0% at 26,049.34. Separately, the Nasdaq was up 0.9% at 8,017.90.
Friday was a positive day for the broad U.S. markets, with the S&P 500 and Nasdaq hitting new all-time highs. The DJIA hit its highest level since early February. Crude oil posted another small gain in the session. The S&P 500 sectors were almost all positive. The most positive sectors were financials and materials up 1.3% and 1.2%, respectively. The worst performing sectors were utilities and real estate down 0.6% and 0.2%, respectively.
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Crude oil was last seen trading up 0.2% at $68.86.
Gold was last seen trading up 0.2% at $1,216.00.
The stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Chipotle Mexican Grill, Inc. (NYSE: CMG) which fell about 5% to $495.50. The stock’s 52-week range is $247.52 to $530.68. Volume was about 1.3 million compared to the daily average volume of nearly 1 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was General Motors Co. (NYSE: GM) which traded up about 5% at $37.68. The stock’s 52-week range is $34.50 to $46.76. Volume was about 16.1 million compared to the daily average volume of 12.1 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.