Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a mixed day for the U.S. markets. Although each of the three major averages hit new highs again in this session, only the DJIA and the S&P 500 closed up on the day. Crude oil continued to make…
January 24, 2018: The S&P 500 closed relatively flat at 2,837.88. The DJIA closed up 0.2% at 26,263.56. Separately, the Nasdaq was down 0.6% at 7,415.06.
Wednesday was a mixed day for the U.S. markets. Although each of the three major averages hit new highs again in this session, only the DJIA closed up on the day. Crude oil continued to make progress and posted another positive day. The S&P 500 sectors were more or less split down the middle. The best performing sectors were financials and materials up 0.8% and 0.5%, respectively. The worst performing sectors were technology and utilities, down 0.7%, and 0.5%, respectively.
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Crude oil was up 2.2% at $65.86.
Gold was up 1.6% at $1,357.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was United Continental Holdings, Inc. (NYSE: UAL) which traded down roughly 11% at $69.06. The stock’s 52-week range is $56.51 to $83.04. Volume was 26 million, compared with the daily average of 4.2 million shares.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was W.W. Grainger, Inc. (NYSE: GWW) which rose about 19% to $273.18. The stock’s 52-week range is $155.00 to $273.27. Volume was about 4 million compared to its average volume of about 1 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.
