Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a fourth consecutive positive day for the U.S. markets, again with a rocky start just like Tuesday. All three major exchanges showed some love on Valentines Day, each returning over 1% each. Crude oil was feeling the love…
February 14, 2018: The S&P 500 closed up 1.4% at 2,698.88. The DJIA closed up 1.0% at 24,897.34. Separately, the Nasdaq was up 1.9% at 7,143.62.
Wednesday was a fourth consecutive positive day for the U.S. markets, again with a rocky start just like Tuesday. All three major exchanges showed some love on Valentines Day, each returning over 1%. Crude oil was feeling the love as well and recovered handily above $60. The S&P 500 sectors were almost entirely positive. The most positive sectors were financials and technology up 2.3% and 1.9%, respectively. The worst performing sectors were utilities and real estate down 1.1% and 0.6%, respectively.
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Crude oil was up 2.7% at $60.78.
Gold was up 2.0% at $1,356.80.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Biogen Inc. (NASDAQ: BIIB) which traded down about 6% at 297.99. The stock’s 52-week range is $244.28 to $370.67. Volume was about 5 million compared to the daily average volume of roughly 1 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Fossil Group, Inc. (NASDAQ: FOSL) which rose about 90% to $17.16. The stock’s 52-week range is $5.50 to $21.03. Volume was over 40 million compared to the daily average volume of roughly 2 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.
