October 25, 2017: The S&P 500 closed down 0.47% at 2,5557.16. The DJIA closed down 0.48% at 23,329.53. Separately, the Nasdaq was down 0.52% at 6,563.89.
Wednesday was a down day for all major U.S. exchanges, giving back their gains from earlier this week. Crude oil gave back some of its gains in this session as well. The S&P 500 sectors were all negative on Wednesday. The “best” performing sector was health care which was only down 0.14%. The worst performing sectors were industrials, energy, and financial, down 1.0%, 0.71%, and about 0.52%, respectively.
Crude oil was down 0.5% at $52.20.
Gold was relatively flat at $1,279.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Alaska Air Group, Inc. (NYSE: ALK) which traded down 13% at $68.89. The stock’s 52-week range is $68.10 to $101.43. Volume was about 8 million versus the daily average 1.5 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Avery Dennison Corp. (NYSE: AVY) which rose 5% to $104.15. The stock’s 52-week range is $68.55 to $104.50. Volume was nearly 1 million compared to its average volume of 615,000.