Monday’s Biggest Winners and Losers in the S&P 500
Monday was a down day for the broad U.S. markets. Each of the major exchanges started out the week on a negative note, with each seeing a loss of at least 2.0%. Crude oil continued lower yet again, pushing even…
November 12, 2018: The S&P 500 closed down 2.0% at 2,726.32. The DJIA closed down 2.3% at 25,388.54. Separately, the Nasdaq closed down 2.8% at 7,200.87.
Monday was a down day for the broad U.S. markets. Each of the major exchanges started out the week on a negative note, with each seeing a loss of at least 2.0%. Crude oil continued lower yet again, pushing even further below $60. The S&P 500 sectors were mostly negative. The most positive sectors were utilities and real estate up 0.1% and 0.5%, respectively. The worst performing sectors were technology and financials down 3.1% and 1.8%, respectively.
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Crude oil was last seen trading down 2.4% at $58.72.
Gold was last seen trading down 0.6% at $1,201.80.
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which fell by about 17% to $32.97. The stock’s 52-week range is $24.96 to $57.11. Volume was 43 million compared to the daily average volume of 6.2 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Nektar Therapeutics (NASDAQ: NKTR) which traded up about 9% at $36.99. The stock’s 52-week range is $33.50 to $111.36. Volume was about 6 million compared to the daily average volume of 2.2 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.