Monday’s Biggest Winners and Losers in the S&P 500
Monday was a positive day for the broad U.S. markets. All of the major exchanges had a solid performance despite the Dow and the S&P 500 starting out negative. Crude oil made another solid gain in the session. The S&P…
January 7, 2019: The S&P 500 closed up 0.7% at 2,549.91. The DJIA closed up 0.4% at 23,533.11. Separately, the Nasdaq closed up 1.3% at 6,823.47.
Monday was a positive day for the broad U.S. markets. All of the major exchanges had a solid performance despite the Dow and the S&P 500 starting out negative. Crude oil made another solid gain in the session. The S&P 500 sectors were almost entirely positive. The most positive sectors were consumer discretionary and energy up 2.3% and 1.5%, respectively. The worst performing sectors were utilities and consumer staples down 0.7% and 0.2%, respectively.
Crude oil was last seen up 1.3% at $48.60.
Gold was last seen trading up 0.3% at $1,289.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was PG&E Corp. (NYSE: PCG | PCG Price Prediction) which traded down over 22% at $18.95. The stock’s 52-week range is $17.26 to $49.42. Volume was roughly 34.4 million compared to the daily average volume of 11.6 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was Fossil Group, Inc. (NASDAQ: FOSL) which rose by 8% to $17.83. The stock’s 52-week range is $7.16 to $32.17. Volume was 1.2 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.