Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a mixed day for U.S. broad markets in general. While the Dow cruised to new highs and even closer to the 24,000 mark, the Nasdaq took a big step back and gave all of its gains and then…
November 29, 2017: The S&P 500 closed relatively flat at 2,626.03. The DJIA closed up 0.4% at 23,940.24. Separately, the Nasdaq was down 1.3% at 6,824.34.
Wednesday was a mixed day for U.S. broad markets in general. While the Dow cruised to new highs and even closer to the 24,000 mark, the Nasdaq took a big step back and gave back all of its gains and then some after tech stocks took a dive. Crude oil took a step back again on Wednesday. The S&P 500 sectors were practically all positive in the session with a couple of exceptions. The best performing sectors were financials, industrials, and energy, up 1.7%, 0.9% and 0.6%, respectively. The worst performing sectors were technology and real estate down 2.2% and 0.2%, respectively.
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Crude oil was down 1.3% at $57.38.
Gold was down 0.9% at $1,283.00.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Autodesk, Inc. (NASDAQ: ADSK) which traded down about 16% at $109.34. The stock’s 52-week range is $68.06 to $130.92. Volume was 19.3 million versus the daily average of 1.6 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Target Corp. (NYSE: TGT) which rose about 9% to $61.68. The stock’s 52-week range is $48.56 to $78.58. Volume was 18.4 million compared to its average volume of 6.7 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.
