Tuesday’s Biggest Winners and Losers in the S&P 500
Tuesday was a positive day for the broad U.S. markets. Each of the major exchanges bounced back a little after the market carnage that took place on Monday. Crude oil posted another big loss on the day dipping even further…
December 18, 2018: The S&P 500 closed flat at 2,546.03. The DJIA closed up 0.4% at 23,677.84. Separately, the Nasdaq closed up 0.5% at 6,783.91.
Tuesday was a positive day for the broad U.S. markets. Each of the major exchanges bounced back a little after the market carnage that took place on Monday. Crude oil posted another big loss on the day dipping even further below $50. The S&P 500 sectors were more or less split down the middle. The most positive sectors were technology and consumer discretionary up 1.1% each. The worst performing sectors were energy and consumer staples down 2.0%, and 1.2%, respectively.
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Crude oil was last seen down 7.1% at $46.32.
Gold was last seen trading flat at $1,252.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Phillip Morris International Inc. (NYSE: PM) which traded down over 7% at $75.14. The stock’s 52-week range is $75.14 to $111.25. Volume was roughly 13.5 million compared to the daily average volume of 5.9 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Darden Restaurants, Inc. (NYSE: DRI) which rose by more than 5% to $103.83. The stock’s 52-week range is $82.38 to $124.00. Volume was about 4 million compared to the daily average volume of 1.6 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.