Monday’s Biggest Winners and Losers in the S&P 500
Monday was positive day for the broad U.S. markets. Although it was April Fool’s Day, the S&P 500 and DJIA were not joking when they notched over a 1% gain each on the day. In a shocking reversal from Friday,…
April 1, 2019: The S&P 500 closed up 1.2% at 2,867.11. The DJIA closed up 1.3% at 26,258.21. Separately, the Nasdaq closed up 1.3% at 7,828.91.
Monday was a positive day for the broad U.S. markets. Although it was April Fool’s Day, the S&P 500 and DJIA were not joking when they notched over a 1% gain each on the day. In a shocking reversal from Friday, the ride-sharing company Lyft gave back all its gains and then some bringing up more questions for what the IPO market could look like this year. Crude oil posted a solid gain in the session. The S&P 500 sectors were mostly positive. The most positive sectors were financials and industrials up 2.4%, and 2.0%, respectively. The worst performing sectors were utilities and real estate down 0.8% and 0.4%, respectively.
Crude oil was last seen up 2.5% at $61.62.
Gold was last seen trading down 0.4% at $1,292.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was AbioMed, Inc. (NASDAQ: ABMD) which traded down about 3% at $277.76. The stock’s 52-week range is $272.17 to $459.75. Volume was about 0.7 million compared to the daily average volume of about half a million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Delphi Technologies PLC (NYSE: DLPH) which rose by about 8% to $20.85. The stock’s 52-week range is $13.18 to $53.78. Volume was 1.4 million compared to the daily average volume of 1.3 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.