Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a positive day for the broad U.S. markets. Again the Dow and S&P 500 hit intraday highs, while the Nasdaq is working to catch up. Crude oil slid again for the second day in a row. The S&P…
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December 13, 2017: The S&P 500 closed relatively flat at 2,663.21. The DJIA closed up 0.3% at 24,588.94. Separately, the Nasdaq was 0.2% at 6,875.80.
Wednesday was a positive day for the broad U.S. markets. Again the Dow and S&P 500 hit intraday highs, while the Nasdaq is working to catch up. Crude oil slid for the second day in a row. The S&P 500 sectors were mostly positive on the day with one very large exception. The best performing sectors were consumer staples and industrials up 0.55% and 0.38%, respectively. The worst performing sectors were financials and energy down 1.3% and 0.16%, respectively.
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Crude oil was down 0.8% at $56.66.
Gold was up 1.3% at $1,257.60.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Twenty-First Century Fox, Inc. (NASDAQ: FOXA) which traded down about 4% at $32.75. The stock’s 52-week range is $24.81 to $34.75. Volume was 20.8 million versus the daily average of 10 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was CenturyLink, Inc. (NYSE: CTL) which rose over 6% to $16.75. The stock’s 52-week range is $13.16 to $27.61. Volume was 20 million compared to its average volume of 15 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.
