Wednesday’s Biggest Winners and Losers in the S&P 500

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By Chris Lange Updated Published
Wednesday’s Biggest Winners and Losers in the S&P 500

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September 20, 2017: The S&P 500 closed relatively flat at 2,508.15. The DJIA closed up 0.2% at 22,411.25. Separately, the Nasdaq was down 0.1% at 6,456.04.

Wednesday was a relatively flat day for the broad U.S. markets with two out of the three major averages hitting new all-time highs in the session. Crude oil was up on the day and oil & gas stocks were responding positively. The best performing S&P 500 sector was industrials, up about 0.7%. Finance and energy were the next best performing sectors, both coming in around 0.5%. Consumer staples was the worst performing sector on the day, down about 1%, although this was closely followed by utilities.

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Crude oil was up 1.7% at $50.30.

Gold was down 0.6% at $1,302.40.

The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was L Brands, Inc. (NYSE: LB) which traded down over 5% at $37.22. The stock’s 52-week range is $35.00 to $75.94. Volume was 5.8 million versus the daily average of 4.3 million shares.

The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Chesapeake Energy Corp.(NYSE: CHK) which rose about 3.6% to $4.18. The stock’s 52-week range is $3.55 to $8.20. Volume was more or less 37 million compared to its average volume of 33.0 million.

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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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