Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday started out as a positive day for the U.S. markets, however everything turned south right before closing. All three major indexes closed down but the Nasdaq was almost lucky enough to escape the end of the day sell off.…
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February 21, 2018: The S&P 500 closed down 0.6% at 2,701.33. The DJIA closed down 0.7% at 24,797.78. Separately, the Nasdaq was down 0.2% at 7,218.23.
Wednesday started out as a positive day for the U.S. markets, however everything turned south right before closing. All three major indexes closed down but the Nasdaq was almost lucky enough to escape the end of the day sell off. Crude oil backed off in Wednesday’s session. The S&P 500 sectors were almost entirely negative. The most positive sectors were financials and industrials up 0.1% and less than 0.1%, respectively. The worst performing sectors were real estate and energy down 1.8% and 1.7%, respectively.
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Crude oil was down 1.1% at $61.09.
Gold was down 0.4% at $1,326.20.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Devon Energy Corp. (NYSE: DVN) which traded down about 12% at $30.55. The stock’s 52-week range is $28.79 to $45.16. Volume was about 30 million compared to the daily average volume of roughly 5 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Advance Auto Parts, Inc. (NYSE: AAP) which rose over 8% to $114.18. The stock’s 52-week range is $78.81 to $161.99. Volume was 5 million compared to the daily average volume of 1.4 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.
