October 25, 2017: The S&P 500 closed down 0.47% at 2,5557.16. The DJIA closed down 0.48% at 23,329.53. Separately, the Nasdaq was down 0.52% at 6,563.89.
Wednesday was a down day for all major U.S. exchanges, giving back their gains from earlier this week. Crude oil gave back some of its gains in this session as well. The S&P 500 sectors were all negative on Wednesday. The “best” performing sector was health care which was only down 0.14%. The worst performing sectors were industrials, energy, and financial, down 1.0%, 0.71%, and about 0.52%, respectively.
Crude oil was down 0.5% at $52.20.
Gold was relatively flat at $1,279.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Alaska Air Group, Inc. (NYSE: ALK) which traded down 13% at $68.89. The stock’s 52-week range is $68.10 to $101.43. Volume was about 8 million versus the daily average 1.5 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Avery Dennison Corp. (NYSE: AVY) which rose 5% to $104.15. The stock’s 52-week range is $68.55 to $104.50. Volume was nearly 1 million compared to its average volume of 615,000.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.