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 slid lower in the session almost cementing fears that we are in a bear market. Crude oil posted a big loss on the day dipping…
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December 17, 2018: The S&P 500 closed down 2.1% at 2,546.05. The DJIA closed down 2.1% at 23,596.88. Separately, the Nasdaq closed down 2.3% at 6,753.73.
Monday was a down day for the broad U.S. markets. Each of the major exchanges slid lower in the session almost cementing fears that we are in a bear market. Crude oil posted a big loss on the day dipping below $50. The S&P 500 sectors were entirely negative. The most “positive” sector was finance down 1.0%. The worst performing sectors were utilities and real estate down 3.2%, and 3.7%, respectively.
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Crude oil was last seen down 4.0% at $49.13.
Gold was last seen trading up 0.7% at $1,249.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Xerox Corp. (NYSE: XRX) which traded down about 13% at $21.27. The stock’s 52-week range is $21.08 to $37.42. Volume was roughly 12 million compared to the daily average volume of 3.3 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was A. O. Smith Corp. (NYSE: AOS) which rose by more than 2% to $42.39. The stock’s 52-week range is $40.34 to $68.39. Volume was about 2.9 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.