December 18, 2017: The S&P 500 closed up 0.5% at 2,690.34. The DJIA closed up 0.6% at 24,792.96. Separately, the Nasdaq was up 0.8% at 6,994.76.
Monday was a great start to the week for the broad U.S. markets. Again all three of the major exchanges hit all-time highs. Notable highlights here were that the Nasdaq hit over the 7,000 mark for the first time ever and the Dow reached within 125 points of hitting 25,000—less than a month after hitting 24,000. Crude oil was down slightly in Monday’s session. The S&P 500 sectors were mostly positive on the day with one very large exception. The best performing sectors were materials, energy and financials up 1.5%, 0.8% and 1.0%, respectively. The worst performing sectors were utilities and consumer staples down 1.1% and 0.1%, respectively.
Crude oil was down 0.3% at $57.15.
Gold was up 0.6% at $1,264.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Mattel, Inc. (NASDAQ: MAT) which traded down about 4% at $14.84. The stock’s 52-week range is $12.71 to $31.60. Volume was 10 million versus the daily average of 12 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Akamai Technologies, Inc. (NASDAQ: AKAM) which rose about 14% to $65.67. The stock’s 52-week range is $44.65 to $71.64. Volume was 14.5 million compared to its average volume of 2 million.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.