Monday’s Biggest Winners and Losers in the S&P 500
Monday was a down day for the broad U.S. markets. Although earnings season is just starting, there wasn’t enough positive momentum to pull the markets up to start out the week. Crude oil backed off in the session. The S&P…
January 22, 2019: The S&P 500 closed down 1.4% at 2,633.19. The DJIA closed down 1.2% at 24,407.80. Separately, the Nasdaq closed down 1.9% at 7,020.36.
Monday was a down day for the broad U.S. markets. Although earnings season is just starting, there wasn’t enough positive momentum to pull the markets up to start out the week. Crude oil backed off in the session. The S&P 500 sectors were entirely negative. The most “positive” sector was utilities, down only 0.3%. The worst performing sectors were industrials, energy, and technology, down 2.5%, 2.4%, and 2.2%, respectively.
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Crude oil was last seen down 1.9% at $52.77.
Gold was last seen trading flat at $1,283.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Stanley Black & Decker, Inc. (NYSE: SWK | SWK Price Prediction) which traded down about 15.5% at $115.67. The stock’s 52-week range is $106.41 to $176.24. Volume was roughly 8.5 million compared to the daily average volume of 1.7 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which rose by about 9% to $7.89. The stock’s 52-week range is $5.07 to $49.42. Volume was over 59 million compared to the daily average volume of 23.4 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.