Monday’s Biggest Winners and Losers in the S&P 500
Monday was a down day for the broad U.S. markets. The S&P 500 and the Dow pulled back from their all-time highs. Crude oil made a sizeable move and pushed even higher above $70. The S&P 500 sectors were mostly…
September 24, 2018: The S&P 500 closed down 0.3% at 2,919.38. The DJIA closed down 0.7% at 26,562.18. Separately, the Nasdaq was flat at 7,993.25.
Monday was a down day for the broad U.S. markets. The S&P 500 and the Dow pulled back from their all-time highs. Crude oil made a sizeable move and pushed even higher above $70. The S&P 500 sectors were mostly negative. The most positive sectors were energy and technology up 1.5% and 0.5%, respectively. The worst performing sectors were industrials and consumer staples down 1.6% and 1.5%, respectively.
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Crude oil was last seen trading up 2.0% at $72.19.
Gold was last seen trading up 0.2% at $1,203.40.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was Michael Kors Holdings Limited (NYSE: KORS) which fell about 8% to $66.80. The stock’s 52-week range is $45.77 to $75.96. Volume was about 6 million compared to the daily average volume of 2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Abiomed, Inc. (NASDAQ: ABMD) which traded up about 9% at $419.60. The stock’s 52-week range is $158.71 to $450.93. Volume was about 1 million compared to the daily average volume of 0.6 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.