July 19, 2017: The S&P 500 closed up 0.5% at 2,473.50. The DJIA closed up 0.3% at 21,636.85. Separately, the Nasdaq closed up 0.6% at 6,385.04.
Wednesday was a relatively positive day for the U.S. broad markets with green arrows across the board with only a few exceptions. Crude oil was up again, but this time oil & gas stocks responded very favorably. The tech sector more or less led the charge on Wednesday, with IBM being the only real detractor in the sector. Health care was another bright are in the markets, while financial stocks were relatively mixed.
Crude oil had another positive day and was last seen up about 1.5% at $47.10.
Gold was relatively flat at $1,241.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Northern Trust Corp. (NASDAQ: NTRS) which traded down about 9% at $88.64. The stock’s 52-week range is $65.15 to $99.30. Volume was just over 4 million versus the daily average of 1.0 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) which rose over 21% to $160.09. The stock’s 52-week range is $71.46 to $167.00. Volume was over 16 million compared to its average volume of 1.8 million.