Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a relatively flat day for the broad U.S. markets. The broad markets have been slowing down over the last few trading days as a result of increased strength in the bond markets. Crude oil pushed higher in the…
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October 9, 2018: The S&P 500 closed flat at 2,880.46. The DJIA closed flat at 26,430.91. Separately, the Nasdaq closed flat at 7,738.02.
Tuesday was a relatively flat day for the broad U.S. markets. The broad markets have been slowing down over the last few trading days as a result of increased strength in the bond markets. Crude oil pushed higher in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and technology up 1.0% and 0.5%, respectively. The worst performing sectors were materials and industrials down 3.2% and 1.4%, respectively.
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Crude oil was last seen trading up 0.8% at $74.89.
Gold was last seen trading up 0.3% at $1,192.70.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was PPG Industries, Inc. (NYSE: PPG) which fell by about 10% to $98.46. The stock’s 52-week range is $98.31 to $122.07. Volume was roughly 10 million compared to the daily average volume of 1.4 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Pioneer Natural Resources Co. (NYSE: PXD) which traded up about 3% at $187.69. The stock’s 52-week range is $140.31 to $213.40. Volume was about 2 million compared to the daily average volume of 1.4 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.