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The S&P 500 (SP500) on Monday completed with its worst loss in additional than a yr, with only a few of its constituents rising as session winners as buyers act on rising fears the U.S. financial system is poised for a recession.
The S&P 500 (SP500) ended down 3% at 5,186.33. It was the sharpest decline since September 2022 and the bottom shut since Might 6. Solely 22 of the benchmark’s (SP500) members closed increased because the index logged its third consecutive loss. The Nasdaq Composite (COMP:IND) and the Dow Jones Industrial Common (DJI) additionally slid for a 3rd straight day.
The July U.S. payrolls report launched Friday stoked worries that the world’s largest financial system is tipping right into a recession whereas the Federal Reserve has but to chop the fed funds fee from 5.25%-5.25% after an aggressive cycle of fee will increase in 2022-2023.
Listed here are the highest 5 S&P 500 decliners in Monday’s session:
- Caesars (NASDAQ:CZR) – Every day loss: -6.9%
- Walgreens Boots (NASDAQ:WBA) – Every day loss: -6.62%
- Etsy (NASDAQ:ETSY) – Every day loss: –6.6%
- Intel (NASDAQ:INTC) – Every day loss: -6.4%
- Nvidia (NASDAQ:NVDA) – Every day loss: -6.36%
Listed here are the highest 5 S&P 500 gainers in Monday’s session:
- Kellanova (NYSE:Ok) – Every day advance: +16.2%
- Tyson Meals (NYSE:TSN) – Every day advance: +2.1%
- CrowdStrike (NASDAQ:CRWD) – Every day advance: +1.9%
- Superior Micro Gadgets (NASDAQ:AMD) – Every day advance: +1.8%
- Constellation Vitality (NASDAQ:CEG) – Every day advance: +1.7%
ETFs monitoring the S&P 500 embrace (SPY), (VOO), (IVV), (UPRO) and (SDS).