February 12, 2018: The S&P 500 closed up 1.4% at 2,655.83. The DJIA closed up 1.7% at 24,599.07. Separately, the Nasdaq was up 1.6% at 6,981.96.
Monday was a second-consecutive positive day for the U.S. markets. All three major exchanges started out the week on a positive note. There are some concerns that the volatility we saw last week might have been overdone, and this could be the recovery we’re looking for. Crude oil is still below $60 and it was relatively flat in Monday’s session. The S&P 500 sectors were entirely positive to kick off the week. The most positive sectors were materials, technology, and energy up 2.1%, 1.8% and 1.7%, respectively. The “worst” performing sector was real estate up only 0.3%.
Crude oil was relatively flat at $59.31.
Gold was up 0.8% at $1,326.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was Ulta Beauty, Inc. (NASDAQ: ULTA) which traded down over 4% at $209.40. The stock’s 52-week range is $187.96 to $314.86. Volume was over 2.6 million compared to the daily average volume of 1.3 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Frontier Communications Corp. (NASDAQ: FTR) which rose about 12% to $7.67. The stock’s 52-week range is $6.08 to $51.30. Volume was 2.6 million compared to the daily average volume of roughly 3.7 million.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
