Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a relatively positive day for the broad U.S. markets. All of the major averages started out negative but slowly crept positive over the course of the day. Crude oil gave back a little more after a very strong…
November 8, 2017: The S&P 500 closed up 0.14% at 2,594.35. The DJIA closed relatively flat at 23,563.77. Separately, the Nasdaq was up 0.32% at 6,789.12.
Wednesday was a relatively positive day for the broad U.S. markets. All of the major averages started out negative but slowly crept positive over the course of the day. Crude oil gave back a little more after a very strong Monday. The S&P 500 sectors were mostly positive with a few notable exceptions. The best performing sectors were consumer staples and real estate, up 1.1% and 0.8%, respectively. The worst performing sectors were financials and energy, down 0.5%, and 0.5%, respectively.
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Crude oil was down 0.7% at $56.79.
Gold was up 0.5% at $1,282.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was DaVita Inc. (NYSE: DVA) which traded down about 8% at $54.33. The stock’s 52-week range is $52.51 to $70.16. Volume was roughly 7 million versus the daily average 2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Activision Blizzard, Inc. (NASDAQ: ATVI) which rose about 6% to $64.55. The stock’s 52-week range is $35.12 to $67.03. Volume was about 12 million compared to its average volume of 6 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.
