Wednesday’s Biggest Winners & Losers in the S&P 500
Wednesday was a positive day for the broad markets, seemingly making up for short comings earlier this week. Crude oil bounced back after taking a step back on Tuesday. The best performing sector in the S&P 500 was finance, which…
September 27, 2017: The S&P 500 closed up 0.4% at 2,507.14. The DJIA closed up 0.25% at 22,341.05. Separately, the Nasdaq was up 1.15% at 6,453.26.
Wednesday was a positive day for the broad markets, seemingly making up for shortcomings earlier this week. Crude oil bounced back after taking a step back on Tuesday. The best performing sector in the S&P 500 was finance, which was up about 1.3%, although this was followed closely by technology which was up 1.1%. The worst performing sector was utilities which was down 1.3%.
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Crude oil was up about 0.4% at $52.08.
Gold was down over 1% at $1,286.40.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was SCANA Corp. (NYSE: SCG) which traded down about 8% at $51.22. The stock’s 52-week range is $51.04 to $74.99. Volume was 3.6 million versus the daily average of 1.3 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Micron Technology, Inc. (NASDAQ: MU) which rose more than 8% to $37.09. The stock’s 52-week range is $16.17 to $37.15. Volume was 83.2 million compared to its average volume of 28.7 million.
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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.
