Monday’s Biggest Winners and Losers in the S&P 500
Monday was a mixed day for the broad U.S. markets. The S&P 500 and Nasdaq were marginally positive on the day while the Dow lagged way behind. Although it was not a particularly busy day in the markets, earnings season…
April 8, 2019: The S&P 500 closed flat at 2,895.70. The Dow closed down 0.3% at 26,341.43. Separately, the Nasdaq closed flat at 7,953.88.
Monday was a mixed day for the broad U.S. markets. The S&P 500 and Nasdaq were marginally positive on the day while the Dow lagged way behind. Although it was not a particularly busy day in the markets, earnings season is just around the corner with a couple of major banks reporting later this week. Crude oil made yet another meaningful gain in the session. The S&P 500 sectors were more or less split down the middle. The most positive sectors were technology and consumer staples up 0.4%, and 0.3%, respectively. The worst performing sectors were utilities and real estate each down 0.7% and 0.5%, respectively.
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Crude oil was last seen up 2.1% at $64.38.
Gold was last seen trading up 0.5% at $1,301.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was General Electric Co. (NYSE: GE | GE Price Prediction) which traded down 5% at $9.49. The stock’s 52-week range is $6.40 to $14.99. Volume was about 168 million compared to the daily average volume of 100.7 million.
The S&P 500 stock posting the largest daily percentage gain ahead of the close was Symantec Corp. (NASDAQ: SYMC) which rose by about 5% to $24.24. The stock’s 52-week range is $17.43 to $29.20. Volume was 10.6 million compared to the daily average volume of 5.2 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.