Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a mixed day for the broad U.S. markets. All three indices shifted from positive to negative multiple times throughout the session. The Dow is still holding above 24,000 but it has backed off from its high. Crude oil…
December 6, 2017: The S&P 500 closed flat at 2,629.31. The DJIA closed down 0.16% at 24,142.49. Separately, the Nasdaq was up 0.2% at 6,776.38.
Wednesday was a mixed day for the broad U.S. markets. All three indices shifted from positive to negative multiple times throughout the session. The Dow is still holding above 24,000 but it has backed off from its all-time high. Crude oil again tanked in Wednesday’s session. The S&P 500 sectors were fairly mixed on the day. The best performing sectors were technology and consumer staples up 0.7% and 0.6%, respectively. The worst performing sectors were energy and consumer discretionary down 1.3% and 0.7%, respectively.
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Crude oil was down 4.2% at $55.93.
Gold was down 1.2% at $1,262.90.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Newfield Exploration Co. (NYSE: NFX) which traded down about 7% at $28.44. The stock’s 52-week range is $24.41 to $50.00. Volume was 2.5 million versus the daily average of 2.7 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday Brown-Forman Corp. (NYSE: BF.B) which rose nearly 7% to $66.01. The stock’s 52-week range is $64.29 to $67.98. Volume was over just over 1 million compared to its average volume of 0.7 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.
