Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was an incredibly positive day for the U.S. markets. Crude oil pushed higher on the day bringing up the Oil & Gas stocks, although there were a couple laggards in the group. For the most part, there really weren’t…
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July 12, 2017: The S&P 500 closed up 0.7% at 2,443.40. The DJIA closed up 0.6% at 21,532.65. Separately, the Nasdaq closed up 1.1% at 6,261.17.
Wednesday was an incredibly positive day for the U.S. markets. Crude oil pushed higher on the day bringing up the oil & gas stocks, although there were a couple laggards in the group. For the most part, there really weren’t that many stocks posting a loss on Wednesday. On the other hand, everything was positive, led by a strong mega caps tech sector and an overall strong health care sector. Not to mention, the DJIA hit a new record high in intraday trading.
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Crude oil was last seen up about 1% at $45.49.
Gold was also trading up 0.5% at $1,220.70.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was W.W. Grainger, Inc. (NYSE: GWW) which traded down over 4% at $168.72. The stock’s 52-week range is $167.44 to $262.71. Volume was 1.9 million versus the daily average of 1.1 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was First Solar, Inc. (NASDAQ: FSLR) which rose nearly 5% to $41.79. The stock’s 52-week range is $25.56 to $49.50. Volume was 3.3 million compared to its average volume of 3.0 million.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
