Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday ended up being a positive day for the broad U.S. markets. The major indices started the day out incredibly negative and over the course of the day worked their way up to a strong close. The S&P 500 saw…
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April 4, 2018: The S&P 500 closed up 1.2% at 2,644.67. The DJIA closed up 1.0% at 24,263.54. Separately, the Nasdaq was up 1.5% at 7,042.11.
Wednesday ended up being a positive day for the broad U.S. markets. The major indices started the day out incredibly negative and over the course of the day worked their way up to a strong close. The S&P 500 saw a swing of roughly 75 points on the day, while the Dow had a swing of nearly 800 points. Again, the biggest gain in the session came towards the end of the session. The S&P 500 sectors were entirely positive. The most positive sectors were consumer discretionary, consumer staples, and health care up 2.0%, 1.8%, and 1.7%, respectively. The “worst” performing sector was energy which was up less than 0.1%.
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Crude oil was relatively flat at $63.47.
Gold was flat as well at $1,337.10.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Acuity Brands, Inc. (NYSE: AYI) which traded down about 4% at $128.64. The stock’s 52-week range is $119.02 to $208.83. Volume was about 3.5 million compared to the daily average volume of nearly 1 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Lennar Corp. (NYSE: LEN) which rose over 10% to $63.10. The stock’s 52-week range is $48.52 to $72.17. Volume was 18.5 million compared to the daily average volume of nearly 5 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.
