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