August 14, 2017: The S&P 500 closed up about 1% at 2,465.43. The DJIA closed up 0.6% at 21,990.29. Separately, the Nasdaq closed up 1.3% at 6,340.23.
Monday was an incredible day for the U.S. broad markets with each index posting an significant gain on the day. In particular the S&P 500 saw a gain in each one of its sectors. Crude oil was significantly lower on the day but with this tailwind only a few oil & gas stocks were affected. In terms of the S&P sectors, the best performing out of the group were the financial and tech stocks. Outside of this everything seemed to go well in the markets despite it being a slow news day and even with the North Korean threat looming in the distance.
Crude oil was last seen down over 2% at $47.55.
Gold was down 0.5% at $1,287.60.
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The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Mylan N.V. (NASDAQ: MYL) which traded down about 4% at $29.62. The stock’s 52-week range is $29.58 to $49.42. Volume was about 11 million versus the daily average of 6.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was NVidia Corp. (NASDAQ: NVDA) which rose around 8% to $168.40. The stock’s 52-week range is $57.32 to $174.56. Volume was 31.5 million compared to its average volume of 22.6 million.
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