Wednesday’s Biggest Winners and Losers in the S&P 500
Wednesday was a mixed day for the broad U.S. markets, ultimately positive, this broke the losing streak that started last Thursday. The S&P 500 has only had one positive day since then, excluding today, and it was up only 0.15…
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April 25, 2018: The S&P 500 closed up 0.2% at 2,639.34. The DJIA closed up 0.2% at 24,082.31. Separately, the Nasdaq was down 0.1% at 7,003.74.
Wednesday was a mixed day for the broad U.S. markets but was ultimately positive, breaking the losing streak that started last Thursday. The S&P 500 has only had one positive day since then, excluding today, and it was up only 0.15% on Monday. Crude oil pulled back again, but $70 is still within striking distance. The S&P 500 sectors were more or less split down the middle. The most positive sectors were energy and materials up 0.7% and 0.4%, respectively. The worst performing sectors were real estate and financials which were down 0.4% and 0.3%, respectively.
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Crude oil was up 0.3% at $67.89.
Gold was down 0.6% at $1,324.50.
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was TripAdvisor, Inc. (NASDAQ: TRIP) which traded down about 8% at $38.47. The stock’s 52-week range is $29.50 to $50.95. Volume was 3.3 million compared to the daily average volume of 2.8 million.
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Norfolk Southern Corp. (NYSE: NSC) which rose nearly 8% to $145.37. The stock’s 52-week range is $111.21 to $157.15. Volume was 4.4 million compared to the daily average volume of 1.8 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.
