Wednesday’s Biggest Winners and Losers in the S&P 500

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By Chris Lange Updated Published
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Wednesday’s Biggest Winners and Losers in the S&P 500

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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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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